@T McGibney raises an interesting point in this thread
https://www.askaboutmoney.com/threa...nth-is-this-a-house-share.232377/post-1838809
Creating another thread as I dont want to de-rail that one.
If licencees do not have to be registered with RTB:
Is the following possible
1.licensee arrangement for two years*, property owner has access / use of room
2.Property is not registered with RTB** for two years
3. At the end of two years, licencees leave & property is rented out at market rent as property has not had a registered RTB tenancy for two years.
*I'm aware licencees can request to become tenants after 6 months, though I don't see how that works in practical terms as they can't demand property owner gives up their room - update - see additional post on this, IANAL
** my accountant differs from t mcgibney in regards to mortgage interest relief & rtb registration, but I take their point that theres no facility to register licencees.
***not asking about rent-a-room tax relief, take it that there is full compliance tax wise.
https://www.askaboutmoney.com/threa...nth-is-this-a-house-share.232377/post-1838809
Creating another thread as I dont want to de-rail that one.
If licencees do not have to be registered with RTB:
Is the following possible
1.licensee arrangement for two years*, property owner has access / use of room
2.Property is not registered with RTB** for two years
3. At the end of two years, licencees leave & property is rented out at market rent as property has not had a registered RTB tenancy for two years.
*I'm aware licencees can request to become tenants after 6 months, though I don't see how that works in practical terms as they can't demand property owner gives up their room - update - see additional post on this, IANAL
** my accountant differs from t mcgibney in regards to mortgage interest relief & rtb registration, but I take their point that theres no facility to register licencees.
***not asking about rent-a-room tax relief, take it that there is full compliance tax wise.
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