Signing half a BTL to my partner (who doesnt work) for tax benefitd

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    #16
    Slightly off on a tangent here, but I saw someone mention that you can employ your partner to "manage" the property (so long as it's fair market rates).

    My husband and I own joint BTLs, and I have given up work to parent, but also manage our (small but often demanding) property portfolio. Can I claim a small wage or charge by the hour to our business for the time I put into it? Or is this irrelevant if I own the property?

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      #17
      If you're the landlord, you can't charge for your own time.
      If you own the property, but aren't the landlord it all gets a bit murky.
      When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
      Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

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