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I have a question regarding rent to rent properties. Let say

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Hey. I have a question regarding rent to rent properties. Let say i will let a property and agreed with the landlord i can rent the property to third parties tenants. (Rent to rent). the rent i will collect from the third parties tenants will be an income for me. Will this income be taxable? Cause iam planning to invest properties in that way. Do rent to rent properties. So i will have large amount of incomes. Will all those rents i will collect be taxable? And if is taxable, what is the procedure to show my incomes from the rents to the hmrc?
Thank you

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Thank you for your question.

If you sublet the property, then rent received would be taxable income for you and should be reported on property income section of the main tax return.

You can opt for rent a room scheme. More information on this can be found here.

https://www.gov.uk/rent-room-in-your-home/the-rent-a-room-scheme

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