Hi Hope this is in the correcte section. If a sole trader, rental property business, remortgages an existing Biy to let property, and with the re mortgage releases some equity and receives extra funds (property gone up in value). How do you tag the money deposited into the business bank account? …

Hello @adnw I found the below post in the forum which may help. [image] How to tag money raised from remortgage Accounting Is the rental property owned by you personally or through the limited company?

Thanks, ill try that. Thays not how i have the interest only payments setup though, i just have them as a purchase invoice from the mortgage company as a supplier. The mortgages are interest only.

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How to tag remortgage funds sole trader

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