My idea is to possibly buy two properties, one to live in and one to let out weekly / long weekends through website, airbnb, bookings agency etc then in a few years time let out the house in total, maybe on an annual tenancy if say the above became too much to manage.
OR Should I just consider buying one (residential) home and let out two or three bedrooms annexe style OR buy a property that has commercial/shop premises to let out long term.
Basically I am trying to find out the ramifications tax wise, initially and later if I needed to sell. It seems to be a bit of a mine field, re stamp duty, re-selling a second property, commercial rateable value v residential. I do not want to get in, where I cannot get out!
Please Help.
Thanks !
I didn't find the right solution from the internet.