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Renting your property and when is a good time to sell?

I was told for the first year of renting your property you do not have to do the tax. Is this correct? Also how easy is it to do the forms etc? As the property is being rented and the tenants pay the utility bills what other paperwork do we keep to submit at the end of the year? We do still pay some of the necessary charges, for example the ground rent and service charge. Thank you Also how long would you from your experience rent out your property before thinking of selling?

Asked on Jul 28 2010, Renting in London | Report content

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