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  • Property-a-holics

    Rent to rent

    Hi ,

    Does anyone have experienced or heard of anyone doing a rent to rent contract with themselves and to a ltd company they have set up as a tax strategy.

    in other words, the individual investor and owner of the property ( ie themselves) set up a rent to rent to a ltd company they have set up , the rent fee just covers the mortgage costs thus shifting the main rent element to a ltd co where rental profits can be minimised through pension contributions etc

    Thanks

    Steve

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    It's extraordinary where & how HMRC get info of people/companies planning tax fiddles these days..   ;-)

    & it's expected Ltd companies set up for tax fiddling will be cracked down on in future...

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    Thanks for the reply ,

    Wouldn’t dream of evading tax !!  , just want to explore options  which are deemed legal . Also would like to shift risk of being sued into a Ltd company without having to shift all the portfolio into a ltd co with associated costs

    Regards

    Steve

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    I don't have experience but I have read about this strategy legitimately being used for commercial properties.

    That is, property is owned by ltd, rent is paid to ltd by sole trader and tax deductible, profits in ltd are reinvested or paid into pension.

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