Hi
I currently have three apartments which I rent out, I don’t have any debt on them. a few people have suggested to me that I would be better off to set up a ltd company and transfer the apartments to the new company, then it would be more tax efficient.
Just wondering if anyone has experience of doing this? I’ll engage my accounts to structure it all, just wondering what people’s thoughts were on this.
cheers
I currently have three apartments which I rent out, I don’t have any debt on them. a few people have suggested to me that I would be better off to set up a ltd company and transfer the apartments to the new company, then it would be more tax efficient.
Just wondering if anyone has experience of doing this? I’ll engage my accounts to structure it all, just wondering what people’s thoughts were on this.
cheers