Expenses incurred before first tenant moves in

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cranleigh
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I bought a house in February 2012 and am still in process of making repairs, including much needed damp proofing and decorating etc.

Will the cost of materials and repairs incurred from the time of purchase until the first tenant moves in be tax deductible at the end of the tax year 2012-2013, please?

I know that ''improvements'' are not deductible.

20/04/2012 00:00

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