2 individuals jointly own property which is rented to ltd company.
rent is charged to absorb mortgage interest for individuals schedule A.
However, rent is not actually paid and is accrued up as an ever increasing creditor.
Is this ok?
Andy
individual owned property rented to ltd company
2 individuals jointly own property which is rented to ltd company.
rent is charged to absorb mortgage interest for individuals schedule A.
However, rent is not actually paid and is accrued up as an ever increasing creditor.
Is this ok?
Andy