Rental Payments - Which method is best?
Tax Planning and Financial

Peter_155
Peter_155
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11 Posts
14 years ago
0
Is it best to have tenant pay rent to a landlord's personal bank account or business bank account? Does this have any tax or other implications?

Sorry if this sounds like a naive question, and I'm sure many will point me in the direction of a good property accountant who can give professional property tax advice, but I currently only have a very small portfolio (2 properties).

Background: I have bought a BTL property in personal name, with mortgage in my name. I also have a ltd. company which I have used for buying and selling a property, which has its own bank account.

Thanks in advance.

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