We have previously discussed the tax aspects of being a host with Airbnb or other online accommodation platforms. With Airbnb’s increasing popularity, we thought a reminder would be useful if you’re an existing host about obligations to your lender, insurer and local authority.
This is a question often overlooked when buying your home. It is, however, a common situation when two people are buying a property together. Let’s take an example to show how these both work.
While contemplating one’s mortality isn’t the most uplifting of pastimes, it is important to consider how you would like your earthly possessions dealt with once you “pop your clogs”.
Our team here at Aspiring Law is fielding a lot of queries about the latest changes to what’s known as the “bright-line test”, the property tax regime that came in in 2015.