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Loss on rental property is SARS right in ring fencing it?

Posted 8 August 2016 under Tax Questions



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Lorraine says:
7 August 2016 at 18:06

We rent out our holiday home and make a loss as the maintenance and interest is always more than the rental received. SARS has now decided to ring fence this loss. Is this possible as going forward we may always run at a loss as our bond is high?

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TaxTimTaxTim says:
8 August 2016 at 9:27

Please read our blog on Ring Fencing which should clarify your questions.


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