Jun

Setting Up A Property Partnership

admin

Joint property owners normally declare rental profits on their self-assessment tax returns in proportion to their ownership. This is because HMRC’s default position is to treat rental profits from jointly owned property (joint tenancy) as 50:50 if there are two owners, one third each if there are three owners and 25% each if there are… Read more

The post Setting Up A Property Partnership appeared first on Property118.com.

View Full Article: Setting Up A Property Partnership