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Are empty property costs tax deductable?

CrowdFunded
Posts: 9 Forumite

Hi,
I just sold a rental property and I am not a company just an individual.
After my tenant moved out, and before the sale, the property was empty which incurred costs:
Council tax
Water rates
Electricity
Service charge
Ground rent
Can these be listed as tax deductable?
I have searched the IR website and the internet, but can't find any info on this.
Any info or links would be appreciated thanks.
0
Comments
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Yes, provided it was immediately marketed and sold at the end of tenancy and there was no other private use prior to completion of sale.It can only be deductable against other property income in the same or future years.0
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anselld said:Yes, provided it was immediately marketed and sold at the end of tenancy and there was no other private use prior to completion of sale.It can only be deductable against other property income in the same or future years.1
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35har1old said:anselld said:Yes, provided it was immediately marketed and sold at the end of tenancy and there was no other private use prior to completion of sale.It can only be deductable against other property income in the same or future years.0
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anselld said:Yes, provided it was immediately marketed and sold at the end of tenancy and there was no other private use prior to completion of sale.It can only be deductable against other property income in the same or future years.
This is the case. When you say property income, do you mean rental income or gains from sale of the property, or both?
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CrowdFunded said:Hi,I just sold a rental property and I am not a company just an individual.After my tenant moved out, and before the sale, the property was empty which incurred costs:Council taxWater ratesElectricityService chargeGround rentCan these be listed as tax deductable?I have searched the IR website and the internet, but can't find any info on this.Any info or links would be appreciated thanks.0
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CrowdFunded said:anselld said:Yes, provided it was immediately marketed and sold at the end of tenancy and there was no other private use prior to completion of sale.It can only be deductable against other property income in the same or future years.
This is the case. When you say property income, do you mean rental income or gains from sale of the property, or both?1 -
anselld said:CrowdFunded said:anselld said:Yes, provided it was immediately marketed and sold at the end of tenancy and there was no other private use prior to completion of sale.It can only be deductable against other property income in the same or future years.
This is the case. When you say property income, do you mean rental income or gains from sale of the property, or both?
I see thanks
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