Get a Unique Tax Reference for free with Earnr. Click to get started!

Rent2Rent

Term

When an individual/company rents a property from a landlord, then rents it out to another party. The landlord is usually given a guaranteed rent for a period of time.

This can only be done if you have permissions from the landlord and all terms and conditions are being followed accurately. Very common in HMOs(Houses in Multiple Occupation), so each room is rented out to 3 or more tenants.

The profits you make are usually counted at rental income, hence you are considered a landlord. You’ll have to pay taxes once you earn more than £12,570.

Back to Taxionary

You might also like...

decorative image for a blog
January 4, 2021
Earnr

Welcome to earnr 👋

Our first post on our blog! We can't wait to show you what's next

Read more
decorative image for a blog
August 9, 2022
Self employed

How Earnr creates a steady income for Etsy sellers

Here’s how Earnr helps Etsy sellers organise their income and pay themselves a regular salary

Read more
decorative image for a blog
August 9, 2022
Self employed

How Etsy sellers are adapting to a post lockdown economy

As part of our interest in supporting Etsy sellers, we’ve been doing some digging into the current state of the Etsy world as lockdown becomes more and more a thing of the past.

Read more
Download earnr