a_f
Level 2

Overseas property without rental income

I jointly own a property with my father (50-50 share) in a foreign country. In the last tax year, my parents lived in that property the whole time, and I didn't receive any rental income (I support my parents financially).

 

Under this condition, do I need to pay any tax for that property, or can I claim any deduction (e.g., depreciation)?

 

Thanks,