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Steps to take when declaring property as a rental

  • 15-09-2010 06:54PM
    #1
    Closed Accounts Posts: 6


    Hi,

    I am new to this and can't seem to find the information I am looking for so I was hoping someone may be able to assist me.

    Can you confirm the steps I need to take in order to declare my property as a rental property? I want to do everthing above board and want to make sure I cover all the necessary steps?

    Also if I sell my property down the line can you explain the tax implications?

    Thanks a Million


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