INCORPORATE Buy-To-Let Properties to SAVE TAX: LLPs vs Partnerships | The Property Tax Show E04
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- Опубліковано 22 сер 2024
- What's the best way to incorporate your buy-to-let properties and save tax? Many landlords use a partnership as a route to incorporation, but what exactly is a partnership? Should you use a limited liability partnership (LLP) or a general partnership? And how do you meet the criteria needed to move from a partnership to incorporation?
In episode #4 of The Property Tax Show, Provestor CEO, James, and Head of Tax, Nadeem, explore the ins and outs of partnerships for landlords who are planning to incorporate a property portfolio.
► Watch Episode #3 of The Property Tax Show: Transferring properties into a limited company: • Why Landlords Move BTL...
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#propertyinvestment #property #tax #landlord
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PROPERTY TAX ADVICE:
Need one-to-one advice on incorporating? Book a personalised consultation with Nadeem or one of our property tax experts for just £449: bit.ly/3u4ZJRw
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FREE RESOURCES:
Expert Guide: Transferring property to a limited company (portfolio incorporation): bit.ly/37dlQME
SDLT Tax Calculator: bit.ly/3DD8tlc
CGT tax Calculator: bit.ly/3J0CBrT
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Great video, thanks!
Would really love a deeper dive video (like this) on Capital Allowances, and one on Sideways Relief please 🙏🏼
Thank you for your comment. This is something we will roll out shortly. In the meantime you can find much more about Capital Allowances by visiting - www.sixforward.com/capital-allowances/.
Thank you for sharing this. Sorry i missed what you said about getting one to one tax advice, please can you advise please.
Excellent video, thank you
Thank you Kryspin. Glad you liked it!
Hi, great channel and helpful vids. I’d love a short call with Nadeem to discuss further. Can I arrange that through here? Thanks
could you advice the cost for conveyancing fee to purchase a BTL via ltd company? thank you
Hi, thanks for your comment! This would depend on who you use for your conveyancing but the current average costs are around £850-£1,500.
Thank you guys, please can you advise me on how to take my property portfolio into partnership for tax benefits purposes. I currently have about 7 BTL property.
Many thanks, Paul Roberts
Hi Paul - this can be done but we suggest you take tax advice on this matter. It can be quite a complex area and we will need to understand your personal situation to see if this is viable.