Hello helpful forumites!!
Currently in the process of converting my PPOR into an IP, namely landscaping, outside lighting, fans in bedrooms etc.
I have a couple of questions that im hoping you guys and gals can help shed some light on. (searched the forum already couldnt find much)The property is currently in my own name. It was decided to rent the place about 6 months ago (hence havent been living there, I work away anyway and live at my partners when not working on the property)
1. Can i claim interest on the property from the point when work commenced to turn the property into an IP (even though it was not rented)
2.Can I claim depreciation from the time it was deemed an investment property or is it only from the time after the depreciation report?
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