3 ms·
They already pay income tax on the income from the letting and unless you create a company that owns the house it’s very hard to deduct the upkeep costs from yo
by dogma1138 8y ago
They already pay income tax on the income from the letting and unless you create a company that owns the house it’s very hard to deduct the upkeep costs from your taxes and if you transfer the ownership to a company you lose the property if you want to transfer it to back to yourself it would incur a high tax liability.