rent a room
I have a property that is formally a guest house. It has 7 rooms with en suites and a self contained flatlet currently being let with a tenant.
We currently live on site and want to rent all rooms out a move to another property.
We want to keep existing property, have the rent from it as an income and use to purchase another property.
Looking for any advice on the best way of achieving this.
What do I need to offer single and double occupancy on a room let.
what insurances do i need
Are there tax implications
Looking for any advice or points of contact.