Deductions on tax liability for foreign property income
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Deductions on tax liability for foreign property income
Does anyone know if expenses such as mortgage interest are deductible in relation to rental income from UK property (as is the case in the UK system) for Italian residents? I read somewhere online that this is the case but when speaking to a commercialista today, he didn't seem to think so.
Jocko- Newbie
- Posts : 2
Join date : 2014-06-26
Re: Deductions on tax liability for foreign property income
Yes, there are deductions for a rental house, but afaik this does not inlude mortgage interest - which you can claim for your primacasa. But, as you cannot rent out your prima casa, no deductions.....
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