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Property Losses in partnership

Posted by occca PM | on Mon, 23/04/2012 - 13:58  582  2 comments | report

If client is a partner in 2 property partnerships - 1 makes a profit, 1 makes a loss

Can they offset them on their self assessment tax return or not as they are property rental companies?

Also, can a partnership be one of the partners in an LLP?

 

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I believe that the answer will be

ACDWebb | Tue, 24/04/2012 - 13:53
ACDWebb's picture

Thank you

occca | Tue, 24/04/2012 - 17:00