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Edinburgh Fringe Short Term Let

edifringe156
Posts: 1 Newbie
I'm looking for anyone who does short term lets of their property in Edinburgh for the Fringe Festival held in August each year. Could you advise of the process you have followed, tax implications (rent-a-room relief), issues you've come across and any other general information you think would be helpful. Considering renting out a space however have been a home owner for < a year and so very new to the process. Any advice would be greatly appreciated.
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edifringe156 said:I'm looking for anyone who does short term lets of their property in Edinburgh for the Fringe Festival held in August each year. Could you advise of the process you have followed, tax implications (rent-a-room relief), issues you've come across and any other general information you think would be helpful. Considering renting out a space however have been a home owner for < a year and so very new to the process. Any advice would be greatly appreciated.0
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edifringe156 said:I'm looking for anyone who does short term lets of their property in Edinburgh for the Fringe Festival held in August each year. Could you advise of the process you have followed, tax implications (rent-a-room relief), issues you've come across and any other general information you think would be helpful. Considering renting out a space however have been a home owner for < a year and so very new to the process. Any advice would be greatly appreciated.🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her1 -
not sure how long they are taking now to deal with licences currently but they are allowed up to 9 months so may not be in place for this year...you can't take any bookings until you have your licence in place0
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