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Episode 62: When is it right to buy property in a limited company?
Manage episode 191103527 series 1732416
It's been a huge switch: many mortgage brokers are reporting that while only a year ago it was a small minority of people who bought property in a limited company, the majority of investors now do.
I don't find it hard to believe, because my inbox has been filling up over the last year with one question more than any other: "should I buy property within a limited company?"
Unfortunately, I can't tell you the answer because I'm not a tax advisor and I don't know enough about your situation. But I can lay out the most common scenarios, and help you understand the reasoning behind those scenarios so you can confidently speak to an accountant about what's best for you.
This episode sets the scene for several to come, where we'll be looking at the case for incorporation from several different angles.
See this episode on the Property Geek website: https://www.propertygeek.net/podcast/buy-property-limited-company
85 tập
Manage episode 191103527 series 1732416
It's been a huge switch: many mortgage brokers are reporting that while only a year ago it was a small minority of people who bought property in a limited company, the majority of investors now do.
I don't find it hard to believe, because my inbox has been filling up over the last year with one question more than any other: "should I buy property within a limited company?"
Unfortunately, I can't tell you the answer because I'm not a tax advisor and I don't know enough about your situation. But I can lay out the most common scenarios, and help you understand the reasoning behind those scenarios so you can confidently speak to an accountant about what's best for you.
This episode sets the scene for several to come, where we'll be looking at the case for incorporation from several different angles.
See this episode on the Property Geek website: https://www.propertygeek.net/podcast/buy-property-limited-company
85 tập
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