alan23567
-
RE: Post tenancy redecoration and repair costs
Thanks to PrivateSmallLandlord for the question as we are in the same position and didn’t think to ask regarding our other property which is still actively tenanted. I have an additional question and that is as part of the redecoration we had to replace some windows, will these be allowable expenses and will the gas/ electric and rates also be allowable up until the point of exchange? Thanks alan23567, -
RE: Post tenancy redecoration and repair costs
Thanks, Just so I fully understand, if we rent it out again instead of selling, the costs that I referred to would then be tax duductable as I would contionue to be a landlord? cheers. -
Post tenancy redecoration and repair costs
A tenancy ends and money is spent on repairs, redecoration and putting back to a clean and tidy pre tenancy condition, after this work is complete a decision is made to sell the property and not start another tenancy. Are these costs relating to this work claimable against income received as part of the ended tenancy within our self assessment?