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BristolSydneyEd

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About BristolSydneyEd

  • Birthday 25/08/1982

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  1. Hi All, Just wondering if someone can point me in the right direction....i own a home in the UK which my mum lives in, she pays no rent to me (retired) and i have a very small mortgage which i pay around 1500 pounds a year for. My mum pays any other bills including maintenance from her pension, i literally just have my name on the deeds. Do i need to be paying tax of any kind here on it ? i get no income from it whatsoever (i make a 1500 pounds loss per year) and it is actually a drain on me if i am honest living in Sydney........i am actually wondering if i could use its capital to buy a home here......'thinking out loud' ? Thanks in advance
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