Becoming a landlord

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    Becoming a landlord

    Hello

    I am looking at changing my mortgage to a but to let and renting the property out. I have spoken to an agent and they have told me what things need doing and how most of the finances are sorted out.

    When I have looked at the tax I would pay on the rent I can not work out how much I will be paying and how I would pay it. Would I have to fill in tax return forms. Could anyone give me some advice.

    Thank you

    #2
    Wrong forum. Please repost in TAX. Better still, why not read relevant threads there? This question has been asked/answered repeatedly.
    JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
    1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
    2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
    3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
    4. *- Contact info: click on my name (blue-highlight link).

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