Put an offer in on a house to find that it is in the name of a LTD Company. I don't know the reasons for this, it has been renovated but by the ex owners son after inheriting it. Could be a couple of reasons but that is by the by.
Does this give me an opportunity to offer any kind of deal that would help with his tax situation allowing me to get a cut of his tax savings? We have had plenty of questions about buying a property through the LTD which I am aware isn't advised but seen nothing about about buying a company from a LTD. Are there any rules about buying a business property that might make it advantageous to involve my LTD? At this point I am assuming that it would be better to keep my own home away from the LTD but still willing to listen to ideas.
Am happy to deal with a bit of extra complexity of all parties agree but not looking to do anything that has any comeback on me or any kind of tax evasion even on his part.
Does this give me an opportunity to offer any kind of deal that would help with his tax situation allowing me to get a cut of his tax savings? We have had plenty of questions about buying a property through the LTD which I am aware isn't advised but seen nothing about about buying a company from a LTD. Are there any rules about buying a business property that might make it advantageous to involve my LTD? At this point I am assuming that it would be better to keep my own home away from the LTD but still willing to listen to ideas.
Am happy to deal with a bit of extra complexity of all parties agree but not looking to do anything that has any comeback on me or any kind of tax evasion even on his part.
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