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what are the benefits of a interest only mortgage for renting out my property?
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<blockquote data-quote="Tristian" data-source="post: 2418935" data-attributes="member: 725642"><p>what are the benefits of having a interest only mortgage for renting out a property. - i know the payments will be less meaning more profit. but is there any benefit from a tax point of view? will i pay less or more tax on the monthly profit having this type of mortgage???</p></blockquote><p></p>
[QUOTE="Tristian, post: 2418935, member: 725642"] what are the benefits of having a interest only mortgage for renting out a property. - i know the payments will be less meaning more profit. but is there any benefit from a tax point of view? will i pay less or more tax on the monthly profit having this type of mortgage??? [/QUOTE]
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