What are the tax implications and legal requirements for UK property investors considering becoming a 'lodger landlord' and is it an efficient strategy?
Quick Answer
As a lodger landlord in your main home, you can earn up to £7,500 tax-free annually under the Rent a Room Scheme. This strategy avoids stamp duty surcharges, capital gains tax on your main home, and Section 24 mortgage interest restrictions.
About This Topic
Discover the tax implications and legal requirements for UK lodger landlords, including the £7,500 tax-free Rent a Room Scheme. Learn if this strategy is efficient for your main home.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
Expert Guidance from Steven Potter
Steven Potter is a UK property investment coach with a £1.5M portfolio and over 5 years of hands-on experience. He has helped over 1,000 students achieve their property investment goals through practical, ethical strategies.
Ready to Take Action?
Get personalised property investment coaching with Steven Potter's Property Freedom Framework.
Learn about the Property Freedom Framework