Property Allowance when renting to connected individuals

Is £1000.00 property allowanve available when renting a property to a family member under market rent. (still making a rental profit)

Hi,

The guidance at PIM2130  advises that if the customer lets a property below the market rate (as opposed to providing it rent-free), they can deduct the expenses of that property up to the rent they get from it. This means that the uncommercially let property produces neither a profit nor a loss, but the excess expenses cannot be carried forward to be used in a later year.

PIM2130 - Deductions: main types of expense: properties not let at a commercial rent

Thank you.