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Interesting food for thought when considering a " BUY TO LET " acquisition.

In terms of a residential property that is buy-to-let, the following expenses are deductible:

“As a landlord, deducting the non-capital expenses from your tax return will reduce your taxable income. However, before embarking on your landlord journey, it is advisable to chat to a professional real estate company, your accountant, a financial advisor or a tax specialist, so that you fully understand both the financial implications and tax benefits,” says Hutchison.

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