In Property investment and tax strategies to save money - part 1 and 2 we looked at several ways the property investor can categories themselves for tax purposes. Let's take view several other possibilities.

Holiday Lettings

If you opt to provide furnished holiday lettings, then you will pay Income Tax as is the case with other normal lettings i.e. buy-to-let.

Standard tax calculating rules, of offsetting expenses against rental income, are used. In order to qualify as a holiday letting, the property must satisfy the following three tests:

1. It must be available for commercial letting to the public as holiday accommodation for at least 140 days in a year
2. It must be let for at least 70 days