is revaluation of rented properties credited to the

is revaluation of rented properties credited to...

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Hi. Can a property owner raise a new loan against the revaluation surplus of the lettings in his portfolio and claim interest relief against rental income? Is the double entry dr:properties cost cr:owner's account AND dr:bank cr: loan? And is it acceptable to revalue the properties for the purpose of being able to claim relief on new loans secured on the property? The owner has no available funds to withdraw as it is now.

many thanks.

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By GuestXXX
17th Mar 2015 17:56

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