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Landlords forum, taxes for real property


manuelrodriguez

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I am a little confuse about how to declare taxes for realty, I have a separate property located at Barcelona and Costal del sol, I own them for about 5 years. I wonder if how can I have a straight line method in computing depreciation expense for the other one while having a life span method to the other. Do you have any experience such case?

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Hi Manuel

You will need to clarify this query before I can answer it

I assume you are a UK resident and therefore you are asking about the UK declaration of your rental profits as opposed to the local tax treatment?

Please clarify exactly what you are depreciating in each case and a bit more information if you can

Regards

Sherena

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