My property income distribution shows Gross income exceeded by Property expenses, so does that mean I have nothing to declare, and can this create a schedule A loss that I can set against other scedule A residential and commercial rental income profits in the same year.
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What do you mean by "Property Income Distribution"?
Where /from what legal entity does this arise?
Sideways relief for rental losses is very dependent upon source (partnerships etc) but given you say PID (which tends to be a REIT word combination) I, for one, am not clear what you mean.