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Accidental Landlord, Do I pay tax?

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  • onwards&upwards
    onwards&upwards Posts: 3,423 Forumite
    1,000 Posts Second Anniversary Name Dropper
    AdrianC said:
    onwards&upwards said:
    IAMIAM said:
    Great, so I am to be called absolutely clueless about my liabilities which is what a forum is for
    This forum is very definitely NOT for would be landlords to find out about their legal responsibilities!
    There's a difference between would-be landlords asking what they might not be aware of...

    ...and people who are already landlords trying to avoid tax by pretending they never meant to be.
    Either way, its definitely not 'what the forum is for'!  


  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    onwards&upwards said:
    AdrianC said:
    onwards&upwards said:
    IAMIAM said:
    Great, so I am to be called absolutely clueless about my liabilities which is what a forum is for
    This forum is very definitely NOT for would be landlords to find out about their legal responsibilities!
    There's a difference between would-be landlords asking what they might not be aware of...

    ...and people who are already landlords trying to avoid tax by pretending they never meant to be.
    Either way, its definitely not 'what the forum is for'!  
    <looks at name>
    "House buying, renting & selling"

    Yep.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    onwards&upwards said:
    Grumpy_chap said:
    There will be as many tenants in a recession as otherwise.  Where will all the tenants go if not?
    Well homeless went up a lot after the last crash, combined with welfare cuts etc. 

    https://www.insidehousing.co.uk/news/news/homelessness-up-65-since-2010-53598

    So they go to the streets, or to sofa surfing, or to temporary accommodation. 


    So you think that the amount of potential tenants stays the same in a recession as well?
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