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Original poster

Do you rent out property and claim child tax credits? Question for you....

3 replies

Flier · 25/02/2009 16:30

Do you deduct any losses made on property rental from your income? I never have (eldest child is 5).

OP posts:

Ivykaty44 · 25/02/2009 20:44

Is that on the loss of the market value of the property and thus your capital in the house?

Original poster

Flier · 26/02/2009 10:07

no, just rental income less costs for the year.

OP posts:

firsttimemama · 01/03/2009 21:49

No you can't offset losses on "unearned income" on "earned income".

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