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garden office through ltd, however now considering closing ltd

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    #11
    Originally posted by radish2008 View Post
    I belongs to the company, not you. Don't you simply buy it back minus whatever depreciation ? Ask your accountant.
    If it was his accountant thst suggested doing this in the first place maybe that's not the best advice for a change
    'CUK forum personality of 2011 - Winner - Yes really!!!!

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      #12
      Originally posted by TheCyclingProgrammer View Post

      Owning the office building will also cause you far less hassle if you ever sell your house.
      Nice to know someone is on the same page as me.
      "You’re just a bad memory who doesn’t know when to go away" JR

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        #13
        Thanks for the advice... it was the account that suggested this arrangement in the first place, oh well. We'll sort it out somehow - thanks!

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          #14
          Originally posted by matei View Post
          Thanks for the advice... it was the account that suggested this arrangement in the first place, oh well. We'll sort it out somehow - thanks!
          accountant != conveyancing solicitor
          See You Next Tuesday

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