SPV as second property or draw funds and pay hefty tax

[diseasex]

Dunno, get's very complicated I guess. Wouldn't there be a problem you living in a property that's on BTL? You'd have to have a watertight paperwork chain to make sure you are not using it as a residential property. But then it's via a company so not yours? I dunno tbh.

Well maybe Assured Shorthold Tenancy with myself would do it? That's what i'm actually trying to clarify.

---- And then claim rent as expense from my parent limited

So my parent company would have sub company SPV that hold the property and rent it to me as a person. Then I would claim rent from my parent company and pay that to SPV as rent which would pay that as dividend to parent... HAHA...

[pr1]

Well maybe Assured Shorthold Tenancy with myself would do it? That's what i'm actually trying to clarify.

---- And then claim rent as expense from my parent limited

So my parent company would have sub company SPV that hold the property and rent it to me as a person. Then I would claim rent from my parent company and pay that to SPV as rent which would pay that as dividend to parent... HAHA...

sounds foolproof, do it

[MrMarkyMark]

Well maybe Assured Shorthold Tenancy with myself would do it? That's what i'm actually trying to clarify.

---- And then claim rent as expense from my parent limited

So my parent company would have sub company SPV that hold the property and rent it to me as a person. Then I would claim rent from my parent company and pay that to SPV as rent which would pay that as dividend to parent... HAHA...

What could possibly go wrong

[WTFH]

ignore rate reason , I want to live in London. Personal choice.

I thought you were about to have a child?


You need to think where you want that child to be educated and where you want them to have space to run around.

[MrMarkyMark]

I thought you were about to have a child?


You need to think where you want that child to be educated and where you want them to have space to run around.

Unfortunately you can see the most important thing in life is to chase dollar

[diseasex]

Unfortunately you can see the most important thing in life is to chase dollar

Hard-working and Prudent? You'll Live Longer

[WTFH]

Unfortunately you can see the most important thing in life is to chase dollar

Hard-working and Prudent? You'll Live Longer

Don't you know the difference between working hard and worshipping money?


Being prudent is about being careful with your money and spending/investing it wisely.


The biggest investment of your life is about to come into this world.
The biggest profit of your life will be having a child that loves and respects you and sees you as a good role model.


Neither that investment nor that profit are financial. Both require hard work.

[diseasex]

I'll provide my kid with best education and wealth. Let's stick to the topic please.

[MrMarkyMark]

I'll provide my kid with best education and wealth. Let's stick to the topic please.

WHOOOOOOSHH

[WTFH]

I'll provide my kid with best education and wealth. Let's stick to the topic please.

A$ long a$ the cat'$ in the cradle with a $ilver $poon, everything'$ fine.