Buying properties with LTD

[otellomix]

Thanks for this! To go point by point:

- This is the case for me and it has already been incorporated
- Yes I know about the loan
- Not according to my account, or better, to not raise attention from HMRC they said it's best to charge some interests
- What would be the...

[otellomix]

gisp I do need a mortgage

sreed Yes I know those things about the loan, unfortunately. That is why I was trying to find another possible way. Thanks!

[otellomix]

I had already asked about that and my accountant said it wasn't possible to buy properties with the same LTD ...

[otellomix]

Could you elaborate a little bit? Are you referring to taxes when and if I will sell the property in the future? If we assume the mortgage will be extinguished, there will be capital gain. Anything I'm missing? I will have dividends tax if I decide to pull money from the LTD but I would have that a...

[otellomix]

I came to this forum full of initiative and 3 questions. Got 0 answers and I don't want to buy any property anymore ...

[otellomix]

Bodger I've already found a lender, they are ok with the loan and everything. It's me that I'm not sure I'm ok with the loan
TheGreenBastard Yes I've applied with Aldermore. Thanks for the not advice but no, I'm not waiting, if I had to wait for the perfect moment I'd wait forever, there's...

[otellomix]

Hi everyone,

I'm the only director and only shareholder of an LTD which over the years has been able to accumulate some liquidity. I've been looking into opening another LTD for the sole purpose of buying and renting properties and I wanted to use some funds from the primary LTD. It seems...