HelenandPhil
16th June 2007, 07:56 AM
Like many others we are intending to keep our property in the UK as a fall back and or investment.
I have read lots of posts about dealing with tax on rental profit so, is it a good idea to remortage the UK property to a level where we will break even and make no profit. This way we get to bring more cash to NZ and hopefully still gain on the rise in equity of uk property prices?:confused:
I have read lots of posts about dealing with tax on rental profit so, is it a good idea to remortage the UK property to a level where we will break even and make no profit. This way we get to bring more cash to NZ and hopefully still gain on the rise in equity of uk property prices?:confused: