Who is carrying on the trade? Ownership of the property is largely moot.Related point -who is taxable husband or wife if house in joint names?
Who is carrying on the trade? Ownership of the property is largely moot.
Does it matter if there is a mortgage on the property, as the interest would be a cost.
Can I set my kids to work running an Airbnb business in a property I own and put the income down as theirs for tax purposes. They could buy my groceries for a change.
I don't know tbh, GordonTommy, your query regarding who's carrying on the trade got me thinking; one can make a lot more money from AirBnB; are there people who pay landlords a premium to take their properties with a view to them making a premium on that?
Thanks.