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Investment property advice

  • 29-07-2017 5:14pm
    #1
    Lmsummer2017
    Registered Users, Registered Users 2 Posts: 1 ✭


    I have a property which yield very little rent but is in need of a lot of work , old house needs internal insulation and new bathroom ect . I have another property also so I tend to have a tax bill of around 4000 plus every year . Can someone advice if I did work on This house whilst the tenant is still there ( as best I can ) can you write all these costs off the tax bill ? Rather then paying a tax bill I'd be better of doing up the house ? What do others do ? How else can I reduce tax bill . Also can I get grants as it's an investment property ? And if I get a grant can I still write of the balance payable off my tax bill ? Thanks any advice greatly appreciated .


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