Can anyone tell me about the rules for holiday home rentals.
Are the costs tax deductable for the period it is AVAILIABLE for rent
or only for the period it is ACTUALLY tenanted.
ie: A house could be available for rent 75% of the year
but only actually tenanted 25 - 50% which may vary from year to year.
Are the costs tax deductable for the period it is AVAILIABLE for rent
or only for the period it is ACTUALLY tenanted.
ie: A house could be available for rent 75% of the year
but only actually tenanted 25 - 50% which may vary from year to year.
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