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estunner

Do you need a company as Landlord after Brexit vote?

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Why landlords are are creating companies to buy their investments after the Brexit vote?

What are the pros and cons for having a company as Landlord/investor? 

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Your first sentence doesn't make sense.  

And if you're looking for landlord-friendly advice, I'm afraid you've come to the wrong forum.  Landlords are the spawn of Satan here.  

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5 minutes ago, Mrs Bear said:

Your first sentence doesn't make sense.  

And if you're looking for landlord-friendly advice, I'm afraid you've come to the wrong forum.  Landlords are the spawn of Satan here.  

I am the mole on his left buttock!:o

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35 minutes ago, Mrs Bear said:

Your first sentence doesn't make sense.  

And if you're looking for landlord-friendly advice, I'm afraid you've come to the wrong forum.  Landlords are the spawn of Satan here.  

Yes. Many of us come here to escape from the constant depression induced by house price and economy related stuff on the main board.  :D

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3 hours ago, estunner said:

Why landlords are are creating companies to buy their investments after the Brexit vote?

What are the pros and cons for having a company as Landlord/investor? 

Nowt to do with Brexit, all to do with tax changes announced way before that. Look up Section 24.

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5 hours ago, estunner said:

Why landlords are are creating companies to buy their investments after the Brexit vote?

What are the pros and cons for having a company as Landlord/investor? 

it's down to the tax changes.

if you operate them as a limited company you still get clobbered,but not quite as badly as a private entity,plus there's quite a lot more legal stuff that MUST be complied with...ie FULL(and does get audited) documentation of annual fire safety,electrical and gas inspections etc,location and provision of fire extinguishers/escape routes.Failure to comply with these sorts of regs as a company will end you up in seriously hot water(excuse the pun).

 

if we were to get technical about it it would even include the correct use of mandatory emergency exit/evacuation stickers,because it it now classed as a business (similar to B+B or hotel),rather than a residential operation

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10 hours ago, estunner said:

Why landlords are are creating companies to buy their investments after the Brexit vote?

What are the pros and cons for having a company as Landlord/investor? 

Dear God - it's amateur-night in Botsville this evening folks..!

The Pepsi Cola is on the house...

 

XYY

                                                                                                               

The dog's kennel is not the place to keep a sausage - Danish proverb

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  • The Prime Minister stated that there were three Brexit options available to the UK:   96 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

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