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> The problem in the UK is that companies can still deduct the mortgage interest, this puts people who buy property to rent out at an advantage. Not just compa
by timoth 11y ago
> The problem in the UK is that companies can still deduct the mortgage interest, this puts people who buy property to rent out at an advantage.
Not just companies in the usually-understood sense; private landlords can deduct mortgage interest on the property they let as an expense to reduce their tax bill. No need to set up a company or actually declare yourself as self-employed or whatever. (Conceptually they are running a business, but there's no need for a company.)