My husband has been working away from home for the past year. We have decided that it would be best for our family for us to move to where his job is based. We have 2 options:
1. Leave our family home unoccuppied so that we can use it at our free will to visit friends and family.
2. Rent it out.
We are completely clueless as to the tax implications of renting it out so would need advice so as to comply with all rules in this regard. I would appreciate all advice on what our obligations would be if we were to rent it out and how much this could cost us.
Many Thanks
1. Leave our family home unoccuppied so that we can use it at our free will to visit friends and family.
2. Rent it out.
We are completely clueless as to the tax implications of renting it out so would need advice so as to comply with all rules in this regard. I would appreciate all advice on what our obligations would be if we were to rent it out and how much this could cost us.
Many Thanks