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The Prime Minister is raking in thousands as a landlord, despite avoiding commenting on whether landlords are considered ‘working people.’ According to reports in the Telegraph and the Daily Mail, new ministerial declarations reveal Sir Keir Starmer is the …
Property118 | Untitled - Property118
2 days ago · Landlords hit by stamp duty surcharge increase to 5% in Budget. Posted on: Wed 30th of October 2024.
Landlord Tax Planning - Property118
What you can expect from a Property118 Tax Planning Consultation. Before meeting your Property118 Consultant in person, usually via a Zoom video conference, you will typically engage in email and telephone conversations. This aims to establish your current position, the challenges you are facing, and your short, medium and longer-term objectives.
Is Incorporation Legal Tax Planning or Tax Avoidance? - Property118
Oct 11, 2024 · Explore the evolving judicial stance on tax planning versus avoidance, and discover why incorporation is considered legitimate tax planning under UK law. Learn how commercial substance and adherence to DOTAS guidelines play key roles.
Essential insights for new property investors to not skip the survey
Oct 11, 2024 · The most in-depth survey available, the RICS Building Survey, is intrusive and provides a detailed analysis of the property’s structure. The surveyor will lift carpets, drill into walls, and inspect every nook and cranny. The report outlines the severity of any issues on a scale from 1 to 3 and provides guidance on repairs and timelines.
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Incorporation relief and latent gains explained - Property118
Latent gains occur when equity in your business is less than your capital gains. Capital gains are current value minus acquisition costs. Equity is current value minus liabilities. If a latent gain exists, it is because you have insufficient equity to convert into shares in order to offset all of your capital gains at the point of incorporation.
The Basics of Buy-To-Let Property Investing
Sep 23, 2024 · Buy-to-let is a property investment strategy where you purchase a residential property, such as a house or apartment, with the intent of renting it out to tenants, such as families or couples. It’s one of the most straightforward and least time-consuming forms of property investing. Click here to find out more.
Eviction Advice - Drug Den - Property118
Jan 22, 2014 · This has resulted in the property becoming a local drug den. Windows are smashed there are needles and furniture in the back yard. The Police are out to the property on an almost daily basis. The door is such that local youths are entering the property to take drugs whenever they feel like it. The tenant also leaves the property unlocked to ...
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