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Investment property interest & tax

grantsphilip · 2008-09-07 23:24:54

Can somebody who pays more interest than they receive in rent on several invesment properties offset this loss against personal income in a given year? and can you also back date this if you have just become aware of it and didn't offset a loss which you had last year but didn't include in tax returns?

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08-09-2008 12:24am

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grantsphilip

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Can somebody who pays more interest than they receive in rent on several invesment properties offset this loss against personal income in a given year?

and can you also back date this if you have just become aware of it and didn't offset a loss which you had last year but didn't include in tax returns?

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