Petition Make finance costs on rental properties an allowed expense

Consider the finance cost paid as interest to a mortgage loan as a allowable expense and ensure it is not taxable. It is not a profit for the rental.

More details

The income received from rentals are not fully owned as profits, they have been paid out to financial lenders as interest on mortgage loans.

This petition is closed This petition ran for 6 months

16 signatures

10,000

Date closed 6 June 2023
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