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claiming eviction expenses

Started by bert, January 05, 2014, 03:30:57 PM

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bert

I evicted my tenant last year.  I did all the paperwork myself.  I have heard I can put my time through as an expense based on 1/3 the fees a professional would charge but can't find this written down anywhere.  Is this true?  As the s*d has left me over £5k out of pocket with no chance of seeing any again even getting a slightly lower tax bill is better than nothing!

Any ideas if this is true or just wishful thinking?!

Thanks!

boboff

Bert, I think this is not true.

Sorry.

You can claim expenses  incurred wholly and exclusively but not some arbitrary time cost.

Nice idea though.