To Rent or not

[Orla72]

I have a property for sale for the past year and have now decided to rent instead of leaving it unoccupied. Since I have been unable to sell in the last twelve months what pentalities will I have to pay if I manage to sell in 2008 and if I do rent how do I calculate the tax on the rental income.

 

[ClubMan]

Have you read the FAQ, key posts and any of the many existing threads on renting out a former PPR?