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Renting out garage advice

Newheight13
Newheight13 Posts: 219 Forumite
Third Anniversary 100 Posts Name Dropper
in House buying, renting & selling
Hi,

Looking to rent our garage and was wondering if there was anything template I could use for renting out a garage and if there was anything else I should be aware of? 

I know I need to pay tax after £1000 but if I ever sell the Property, will this then be subject to capital gains as I’ve used it for business purposes?

Thanks 




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