Managing your property portfolio tax-efficiently, if you missed the event, it is not too late.
Charterhouse have been advising on property structures for several years now – well before the section 24 loan interest changes and we recently held an event to explore the different elements of incorporating your Buy-to-Let property portfolio and what to consider with any property planning or restructuring.
We put together a panel of experts who answered those difficult questions and those questions that perhaps your own advisors have been reluctant to answer.
The questions covered a wide range of topics including:
- I have a portfolio of 3 plus properties and I am looking to save tax by incorporating. I know that this has implications and I want to know how I could incorporate in the most tax efficient way?
- I notice in the recent press that the self-employed who have received coronavirus grants or those that have been furloughed are now being refused mortgages. Why is this and will this have an impact on the BTL market?
- How will the new Super Deduction Capital Allowances help or possibly hinder the property investor and am I right in thinking these Super Deduction Capital Allowances are only available to companies?
- How can I use my pension to extract profit from my properties in a tax efficient way?
These are just a small sample of the questions that were asked and unfortunately, due to the volume of questions asked we ran out of time to answer them all. We will however answer email the answer to all the other questions.
If you have any further questions or would like clarification on any of the issues raised, please contact us.