cherrybobs Posted April 29, 2012 Share Posted April 29, 2012 I currently live with my partner in a flat that is mortgaged solely in my name. I have just been offered a job in Oz for 2 years on a 457 visa. My partner will likely stay in the UK, so will stay in my flat for as long as he needs. I'm in negative equity, so I can't sell the flat. It also needs quite a bit of work doing to it, so renting it out really isn't an option. He's going to cover all of the bills etc while he's living there, but I'll still be paying my mortgage. A friend in Oz has suggested that I need to get a tax accountant in the UK? Apparently still owning property will make my tax complicated. For official purposes, am I technically renting it out to my partner? *is very confused* Link to comment Share on other sites More sharing options...
bensdad Posted April 29, 2012 Share Posted April 29, 2012 If you charge him rent and make a profit it's income if he's just staying there and your not making any money don't worry bout it. Link to comment Share on other sites More sharing options...
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