If person A bought a house a number of years ago with person B (the mother of person A) 50/50 split. At that time both person A and B lived there with others, then person A moved out into rented accommodation and was no longer paying the mortgage.
The money was coming from either person B’s account or someone else’s who lived in the house. Is this still considered an investment property for the 3 years person A wasn’t living there? Person B remained there throughout this time.
The money was coming from either person B’s account or someone else’s who lived in the house. Is this still considered an investment property for the 3 years person A wasn’t living there? Person B remained there throughout this time.