Money Moral Dilemma: Should I rent out my house if it means my daughter has to stay elsewhere?

Pixie5740

JB50MSE said:

Pixie5740 said:

From the first page of the Rent a Room link…Becoming a resident landlord

You’re a resident landlord if you let out part of a property which is your only or main home.

The property is no longer the only or main home of the person who sent in the MMD.

Note "..your only OR main home." The MMD questioner doesn't actually say which is her main home. "Living with a boyfriend" does not necessarily mean her boyfriend's home is her main home and it's certainly not her only home. For all we know, her house may be her main home, and her boyfriend's home may be her secondary home. What rights and obligations does she have in relation to to her boyfriend's home? Possibly few rights if the relationship fails. If the questioner rents out her entire house, there is likely to be tax to pay on the rental income, and also possibly on the sale proceeds when/if she may later sell her house. She may find it helpful to check/find out all the legal, tax and financial implications independently, before discussing the situation with her boyfriend and/or daughter, so that she doesn't disadvantage herself, and emotions don't overrule the best option(s). 

It certainly reads as if the boyfriend’s home is where you’d ordinarily expect to find the person who sent in the MMD. If it wasn’t (s)he wouldn’t be thinking about renting out the property (s)he owns in its entirety. Therefore, the property in question is not the main home. 

maddogwoman

I would keep the house in case you split up with your boyfriend and need a bolt hole to run back to. If you dont have anywhere else to live you may just stay with your fella, even if you dont really want to any more.  It would also give your daughter a place to stay when required. 
Why not just let out a room to get some income to cover the costs of running it and have the best of both worlds.