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Investment property....

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    Investment property....

    OK, we all know that using the cash in your company to buy property is not tax effective...

    So lets say for example you have 100k "kicking around" in myco would it be better to shut down myco, pay the entrepreneurial relief then buy the investment property in my name?

    Also let say for example that you wanted to buy 2 or 3 or 4 properties, via buy to let mortgages (not in the south east)

    So what would be the best / most tax efficient way to do this?

    #2
    Originally posted by aceboy View Post
    OK, we all know that using the cash in your company to buy property is not tax effective...

    So lets say for example you have 100k "kicking around" in myco would it be better to shut down myco, pay the entrepreneurial relief then buy the investment property in my name?

    Also let say for example that you wanted to buy 2 or 3 or 4 properties, via buy to let mortgages (not in the south east)

    So what would be the best / most tax efficient way to do this?
    It always works out best personally if you hold for the longterm. Commercial property returns more and the CGT is better on a sliding scale, as well as VAT relieft on doing certain types of properties up. A commercial property with a residential part (33/66) is the real goldmine.

    Though you need to work out your investment model well in advance.
    What happens in General, stays in General.
    You know what they say about assumptions!

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