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Can a landlord’s wife sign a licence agreement and profit from letting?

LANDLORD FORUM › Category: Letting › Can a landlord’s wife sign a licence agreement and profit from letting?
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Michael Shpakov asked 3 years ago

The property is in my name. Can my wife sign a licence agreement with a tenant on behalf of a landlord and receive profit from letting to her bank account? Will it be considered her incomes for tax declaration or mine?

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Sarah Featherstone answered 3 years ago

Yes, your wife would be considered the landlord legally and for tax purposes too.

Michael Shpakov replied 3 years ago
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Thank you Sarah

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