From: Richard Faulkner 
Newsgroups: uk.finance
Subject: Re: rental property but no tenants
Date: Sat, 29 Apr 2006 02:12:09 +0100

In message <1146040709.668618.289910@y43g2000cwc.googlegroups.com>, 
jimbob  writes
>Hi,
>
>Im moving shortly but not selling my house.  I will be attempting to
>rent it out instead.  I understand that certain things can be written
>off against tax:
>
>- mortgage interest
>- wear& tear
>- property inspections
>- letting fees
>- etc (well, I'm sure there are plenty of 'etc's)
>
>What if noone wants to rent my house?  If I try without success to rent
>my house and it costs me 1000 pounds over a year, will I get (at 40%),
>£400 back from IR?

Expenses on your rental business can only be set off against income from 
the rental business.



-- 
Richard Faulkner