What legitimate strategies can existing portfolio landlords use to mitigate the effects of Section 24 on their tax bill, short of selling properties or incorporating?
Quick Answer
As an individual landlord, you can't deduct mortgage interest from rental income. Mitigate Section 24 by optimising expenses, increasing rents, and making strategic use of allowances, but full relief requires incorporation or selling.
About This Topic
Mitigate Section 24's impact on your UK property tax bill without selling or incorporating. Discover legitimate strategies for individual landlords.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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