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so youve got a house with rooms that youre not sleeping in can you make money from them thats exactly what im going to be breaking down in todays video [Music] so what im talking about right now is the rent-a-roon scheme where youve got a lodger moving into your property and im going to be breaking down how you do it the rules around it and how you can financially benefit so first of all is it legal absolutely its actually encouraged by the government as a tax-free way of making some additional money and actively encouraging this sharing mentality mainly due to the lack of supply of housing in the uk right now what youre getting from this is you can rent out a furnished room and that is key it must be a furnished property overall that theyre getting access to and you can earn up to 7 500 pounds tax free so if youre renting the room out for seven and a half thousand pounds and thats it don you dont even need to declare it you dont need to tell the government you dont ne