BTL Advice

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six port

Original Poster:

282 posts

166 months

Thursday 14th November 2019
quotequote all
A few threads on the go here already I see which has me thinking I need to sort my affairs out as well!
Moved in with my fiancé late April 2018 and rented my old place out as it seemed the wise thing to do.

It's now time to submit my tax return and I wondered if there were any PH recommendations ie fixed cost service for a pretty basic return, not comfortable doing my own this time and have a lot of other things going on at present.

Also need some advice on whether to keep it or get out with some remortgage ideas.

Would I need a financial advisor or accountant?

Bit dumb in the respect as I didn't really plan on having a property let.
Some of the risk involved it being a older property that will need some money spending on it in the coming years doesn't sit well with me but don't want to look a gift horse in the mouth by wimping out currently have two family members who want it if I sell but don't think they know the landlord responsibilities or tax burdens.

six port

Original Poster:

282 posts

166 months

Thursday 14th November 2019
quotequote all
Yes I have annual mortgage statements which show interest and capital paid

six port

Original Poster:

282 posts

166 months

Friday 15th November 2019
quotequote all
Does it tell you when you're doing it what you can claim back for interest that year?