My self-employed client uses freelancers in Hungary and is considering buying a flat there to use purely (100%) as an office. I asked why a flat and he sent me the following reasons
- We are only a small business that would have maybe 3-4 people working together.
- A flat is easier to later convert into residential once we outgrow the space.
- Once we outgrow the office if that happens and we need to move into a bigger property, I can use the property for residential purposes.
- Residential property is a more versatile asset in this respect than office space.
He wants to know if he would have a problem with claiming expenses and loan interest. I am wondering if anyone has been in a similar situation because it seems there must be more difficulties in the way of a scheme such as this