Income-Related Expenses for Letting: What Can You Deduct?

Andriy Bezborodko · 2026-10-13

Income-related expenses are all costs incurred to generate rental income. These costs reduce your taxable income.

Interest: The interest portion of your loan installments.
Maintenance: Repairs and renovations.
Management: Property management and account fees.
Taxes: Property tax.
Insurance: Building insurance, liability.

FAQHäufige Fragen

Are management costs deductible?

Yes, both the costs for a professional property management and your own expenses (e.g., travel costs) are deductible as income-related expenses.