Estate Agents (Part 9) Over the past few weeks we’ve been thinking about property strategies and lately, we’ve been looking at flips. Today, we are going to look at the last sub-strategy in this category which is flips to owner occupiers. If we’re going to flip to owner occupiers, then it’s likely…
Estate Agents (Part 8) Last week we began to think about flips and crucially how to find our flip properties so that we can find deals to sell on for a profit. Now, where you are going to find these properties is going to be largely determined by the type of flip that you’re…
Estate Agents (Part 7) Having explored buy to lets and HMOs, this week we’re going to look at how to find properties to flip. In other words, properties that we can buy and then sell on. So, how do we do this? Do we literally just walk straight into an estate agent’s office and…
Property Strategies (Part 5) This week we are going crank it up a notch and take a look at how to be more creative in our investing. For example, using “options”, delayed completion and other innovative ways of structuring deals. Now, whilst some people ONLY follow creative strategies such as options, I prefer…
Property Strategies (Part 3) This week we’re going to think about flipping. At its very core, flipping is all about buying a property as cheap as possible to then sell on and make a profit. Now, one would assume that in order to sell it on at a profit, you might have to do something…
Property and UK Tax (Part 5) Over the past few weeks we’ve been thinking about how holding our properties in a limited company is probably the most tax efficient route following the changes to Section 24. However, there are some challenges with this and as I’ve mentioned previously, there really is no perfect solution.…
Property and UK Tax (Part 4) This week, it’s time to think about how to structure our companies and also about SIC codes (or Standard Industrial Classification) for our property businesses. Firstly, let’s think about how to structure our business if we are to undertake various property activities. You might wonder if we could…
Property and UK Tax (Part 3) Last week we were looking at the best way to set up our property businesses prior to the changes to Section 24, and this week we’re going to give some thought to holding our properties in a limited company. Let’s first recap. In 2015, George Osborne decided to no…
Property and UK Tax (Part 2) Last week we were thinking about how our property strategy and aspirations affect our tax bill and this week, we’re going to start thinking about how to best structure our affairs to make our businesses as tax efficient as possible. Following amendments to Section 24, things…