SMF - Just Installed!

Claiming Tax

Started by triumph41, July 16, 2012, 02:16:45 PM

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triumph41

Hi.

I have a house that is rented out, with no mortgage on the property, my own house is mortgage free as well.

I am told by my letting agent, that if I get a mortgage against my rented property and purchase a property in Spain to live in,  I can claim the interest against my income tax.

Is this correct .

Thanks

Tony

Jeremy