Should you purchase an investment property in your personal name or within a limited company? It's a decision that can halve your returns if answered incorrectly. In this discussion with Prash Chauhan from VPC Accountants, we focus on the crucial decisions you need to make, as well as huge perks you can claim through tax. Find out how investing through a limited company could get you a £50k car for just £400!
Should you purchase an investment property in your personal name or in a limited company?
It's a decision that can halve your returns if answered incorrectly so I am really pleased to be joined by Prash Chauhan from VPC Accountants to help us review the key considerations, advantages, and disadvantages of both approaches.
In this episode we talk about:
✅ Staying ahead of the curve with new tax laws - will they affect your investments?
✅ Is it still worth investing in property through a limited company?
✅ Surprise expenses you can cover
✅ How to get a £50k car for just £400!
✅ How to ensure your children get your property (and not the tax man)
✅ How buying in a Ltd company can help you reap the benefits of investing in property now, as well as in the future!
If you haven't already, make sure you hit that subscribe button!
Whether you're a seasoned investor looking to optimise your portfolio or a first time investor navigating the complexities of getting started in property, you won’t want to miss this episode.
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We specialise in helping people create profitable and hands-free property portfolios. We make the process of investing in property simple with our fully managed, end-to-end investing service where we help you source, purchase, refurbish, rent and manage buy-to-let properties in the North of England.
If you want to invest in property but don't have the time or knowledge to do it yourself, our team can help. Visit our website www.lifestylepropertypeople.co.uk to find out more.
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