Tag Archives: Understanding

Understanding the 14-Day Rule: A Tax-Efficient Solution to Rent Out Your Home

Understanding the 14-Day Rule: A Tax-Efficient Solution to Rent Out Your Home

Renting out your house could be a smart option to generate additional income, whether you are renting a room through platforms like Airbnb or letting your entire home whilst you’re away. Nonetheless, the tax implications of rental income could be a concern for many householders. Fortunately, there is a tax-efficient strategy often called the “14-Day […]