The Best Way to Own Rental Property in 2022: Personal, Limited Company or LLP?
- Date
- Wednesday 23rd February
- Time
- 01:30 - 02:30
- Type
- Webinar
- Region
- National
- CPD Points Awarded
- 2 standard
Event description
Already own, or looking to build a portfolio of properties?
How will your plans be impacted by:
• The Dividend Tax Increase in April
• The Corporation Tax Increase in 2023
• Increasing Mortgage Rates
In this webinar, Less Tax 4 Landlords will look at some of the tax & business challenges faced by residential landlords, and what your options are.
Followed by Q&A, the main webinar presentation will cover:
• The most profitable restructure a landlord can make (it might surprise you!)
• The pros and cons of the 4 major ownership structures
• The most flexible structure for building a rental property business
The focus will mainly be for portfolio landlords (4+ properties) and Higher Rate Taxpayers, though LT4L will also discuss some of the options for landlords earlier in their property journey, including:
• How married couples can make big savings with 2 simple documents
• Why delaying a restructure could (in the right circumstances) save you £000s in tax by reducing your Capital Gains Tax bill
• The potential tax benefits of building, running and growing a professional property business
For landlords paying higher rates of tax on income from their property portfolio, the presentation will look at the importance of running a business and planning for the future.
Specifically - as an alternative to outright selling your property to your own limited company - LT4L will cover how a Mixed Partnership can combine the benefits of being a sole trader and a limited company – and in the right circumstances – limit your tax on property profits to just 20%, with no requirements to remortgage or change legal title, and no SDLT or CGT to pay on your business restructure.