Property

Meeting points - 2

Misunderstood and forgotten

House rules

Between a rock and a hard place

Level foundations

Property challenges

Is there any tax relief for the cost of replacement carpets in let properties?

Parents purchase a property with a mortgage and hold this on trust for minor children. Any profit is likely to be taxed as if it is their income, but if a loss arises, can this be set against their personal income from other properties?