Hi I have an opportunity to rent a property from a landlord who is currently selling their property. They are looking to have a lodgers agreement in place which allows them to earn £7,500 tax free income from the property. The problem with this agreement is that to qualify for the scheme you have to rent out part of the property to an individual “lodger” whilst “staying” in the other part. Therefore one of us (the directors of our company) will have to sign as an individual and have an informal agreement with the landlord to use the property for sublettting with our company. This isn’t too much of an issue as they seem to be trustworthy and we’d have dirt on them for “staying” at the property when they wouldn’t be. The only problem I can think of is in terms of tax purposes, if I have to provide HMRC the agreements as part of an investigation/tax audit there would be an issue. As I’m writing this I’m thinking that I could just phoenix and start a new company lol, as I appreciate this is a very worst case scenario. I wanted to ask you all if there are any implications that any of you can think of which have a high risk of occurring and if there is anything I am misssing with the above risk. I will not treat anything given to me here as legal advice :) The property is very lucrative, hence the trouble I am willing to go through to get it lol. Appreciate any help!

Would you say 6 months is a good timeframe to decide whether or not an SA has been successful or not?

Let's say for a 2 bedroom house 1 months rent 1 month deposit + having to furnish. If furnishing takes 2 weeks let's say then i have 2 weeks remaining of the month before next months rent, i should probably have an extra months rent right?

Anyone with properties in london has the 90 day rule greatly impacted your profit?

Is airdna a good tool to use when checking if an area is good or not