January 20, 2021 • 31 mins
Stuart and Simon try to look at resources that you need to consider when planning property investment and get a little sidetracked into discussing personal vs limited company ownership of investment property.
The discussion this week included:
* The resources needed to invest in property.
* Time.
* Money.
* Knowledge/expertise/experience.
* The best knowledge comes through doing.
* Doing means walking the streets.
* Using agents, or not.
* Self listing properties - OpenRent (https://www.openrent.co.uk/), LettingAProperty (https://www.lettingaproperty.com/), UPad (https://www.upad.co.uk/), Visum (https://www.visum.co.uk/).
* Differing costs and effort between buying in personal names or a limited company.
* Section 24 (https://docs.patma.co.uk/glossary/section-24/).
* Tax!
* Some of the company vs personal tax considerations.
* Capital Gains Tax rates (https://www.gov.uk/capital-gains-tax/rates).
* Transferring property into a limited company.
Please leave us a rating and review if you're enjoying the show.
Mark as Played
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
Death, Sex & Money
Anna Sale explores the big questions and hard choices that are often left out of polite conversation.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.