Should You Buy a Property in a Limited Company in 2024?

But you still need to pay tax on your dividends

Does Holding property As a company mean the property can’t be easily used by family members if needed?

"To obtain financial freedom, one must be either a business owner, an investor, or both, generating passive income, particularly on a monthly basis." - Robert Kiyosaki. I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already,got a new business my wife is managing, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made..😊

Bad tenants, bad landlords and THIS GOVERNMENT HASNT A CLUE, ALL PUNISHED BECAUSE OF THIS SMALL GROUP OF PEOPLE ,IF YOU TRASH A PROPERTY YOU MUST PAY ,IF A PROPERTY ISNT FIT TO RENT ,LANDLORD MUST PAY !!IF YOU DONT PAY RENT YOU CANT RUN AWAY ,LIKE MOST DO TO REPEAT THIS CRIME,!!!IT WILL GO ON RECORD !! AND IF LANDLORD DOESNT KEEP TO SATISFACTORY CONDITIONS, HE GETS FINED

Just come across this channel. Loving it!

My accountant recommended to keep it in my name as I will own the property instead of the LTD company owning it. The tax implications when selling is higher

Thank you for the video and all of your content. Super helpful.

One thing I think would have been useful to note which may be relevant for a portion of viewers is the implication this has on future purchases of property (thinking primarily those who currently don’t already own a second property in their own name). An additional 3% surcharge on stamp duty will in most cases be required as a result of a new purchase as it would now be classed as a second home.

Could I buy under a limited company as a first time buyer?

If you already personally own some properties over many years but now because mortage interest is no longer an allowable expense you have a problem - but can the properties be transferred to a limited company without being liable for massive personal capital gains tax on the transfer, rendering it too expensive to do?

Hi Rob, do you have a recommendation for a tax specialist?

Hey Rob! I have been following and listening to your podcast for a while. Just want to say thank you for all the great work you are doing and information you are sharing.

How am I supposed to make profit if mortgage interest, which is huge ATM is not considered cost??? What kind of advice is that? Everyone who thinks to make money in BTL should buy into a company name period. Rob makes it sound more complex than it really is.

Clear info cheers 👍

Thank you for this informative upload. 🙏

Hi, any thoughts on LTD vs Personal purchase for holiday let (Airbnb)? Ive heard the best way to separate liability is to set up two companies, one to buy the properties in, one to run the Airbnb. I will be drawing profits to live on and no need to consider inheritance quite yet. Aiming for up to two properties. Cheers

Can’t see the check list

Hey Rob. Is taking a property on your name equivalent to buying a residential property ? Or you can get a mortgage for BTL as an individual instead of packing it into LTD straight away.

I’d like to know the implications of a Family Investment Company. FIC

Love your content, really enjoyed this video learnt a lot. Much appreciated.

Great info. For me, the prospect of the Chancellor rowing back on the Section 24 rules on mortgage interest for individuals (like the Irish gov did) to encourage BTL investors back in is enough to sit tight with personal ownership rather than pay out the big fees to transfer to company. For new purchases, I guess it is more balanced. Or just go for SA.

Like #81 great video mate

Rob why you leave us hanging like that 😂

It had better be a good vid buddy otherwise you'll be down the Swannee!

Not even put the video out yet!

And my answer is a mix of both.