Correct: Cost of replacing furniture, Gardening, cleaning etc., Rent collection costs, Irrecoverable rent, Advertising for tenants, Property insurance, Mortgage interest, Repairs and redecoration, Council tax and water rates , Agent's commission, Incorrect: Capital expenditure, Cost of the property, Improvements, Depreciation, Cost of new furniture, Costs to make the property habitable,

Which property expenses are allowable? AAT L4

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