Landlords can deduct expenses that are wholly and exclusively for the purposes of the rental business. These include general maintenance and repairs, letting agent fees, accountant fees, insurance premiums, utilities, and a proportion of vehicle running costs used for the rental business. Capital expenditure and personal expenses are not deductible.
Get a quick and free estimate for what your property could be earning you with Houst managing it. Then, book a call with our team to discuss it further.
Get A Quick Estimate (FREE)