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  • Tax

    Worth buying in separate LTD company?

    QQ - Scenario

    Assume that we already have a property within a LTD company structure that is rented out.

    If we want to add to the portfolio what are the pros and cons of doing that in a separate LTD company structure for each of the following scenarios?

    1) Additional BTL

    Any need to setup a separate LTD company per BTL property......?

    2) Flips

    With scenario 2 - I think it's cleaner to keep this trading activity separate. and perhaps there might be buyers that simply want to buy the company through a transfer of shares thereby saving on THEIR SDLT.....

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    Hi ImiS

    If you already have a property inside a ltd co - is its SIC code specifically for renting our property? If so, you’d have to hold a flip in a separate legal entity, especially is your property is mortgaged.

    It doesn’t fully answer the pro’s and cons side, but it doesn’t potentially eliminate one of the two options

    Em
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    An LTD per property is likely to be very expensive in terms of professional fees - ie accountancy

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    DISCLAIMER just my personal opinion - for legal advice consult a qualified professional grown-up.

    I think it will just cost you more in fees to run the property

    unless its a very expensive building with very large rents and profits

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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.