With full respect - Its not a sham arrangement - its recognising that when you have a portfolio of over 20 properties human error might be made and I am seeking to reduce the potential risk. The contract will be...
Reply to the comment left by DAMIEN RAFFERTY at 03/05/2023 - 10:52Its not a rent to rent company as I would own the management company which has the contract with the tenant not myself as the owner
Reply to the comment left by Graham Bowcock at 03/05/2023 - 10:26Its not a sham arrangement - its recognising that when you have a portfolio of over 20 properties human error might be made and I am seeking to reduce...
I am a specialist inheritance tax adviser. I cannot see any issues unless the brother dies so would there be an IHT problem and has the will been adjusted accordingly. Also if he dies even though it would be the...
I have been an IHT specialist for 16 years. Although I fully respect what Mark had to say the contents of this video are very simplistic. There is more than one type of Whole of life insurance and just using...
I own and run a portfolio of 19 properties and some serviced accommodation for more than 15 years. @Darlington Landlord is correct. The tax is now a big issue for many people. You need to get advice and get the...
I deal with a number of these kind of cases in my work. Yes the previous posts are correct in that Equity release is a complex product and you have to be careful to get the right product. In the...
Hi Xia Please do not take this as actual advice but I am an IHT specalist but cannot give advice to a non domicile or anyone else without fully understanding their circumstances. That being said there are a number of...
The very fact that you ask the questions means you need to get experienced help and advice on this as there are too many factors to take into account. Ideally, use a financial planner who will charge you a fee....
Yes I agree with Neils comments. As you say we I presume you own this BTL with your wife and so have two CGT allowances available to use. However, as it is a gift to your daughter you could look...
Aside from being a landlord, I specialise in IHT advice. Although your question is around stamp duty you should understand that unless the property value is in excess of £325,000 there will be no IHT saving after 3 years as...
Reply to the comment left by "Ashley de Safrin" at "07/04/2017 - 18:41": Hi Ashley Sorry but I cannot see how to email you directly as i do not have your email and it is not posted on a members...
This whole thing is a RIP off !!!! We had exactly the same problem with Simarc and hazelvine for a number of properties and fought it for over 3 years flatly refusing the pay the fees. In the end they...
I am a regulated Financial adviser and so I declare this answer must be regarded as generic advice only and not regulated advice. If you used an adviser to set up your SIpp this would be classified as bad advice...
Thanks For the comments so far - the help is appreciated - we do have full details of the plumber. Just did not want to go through our insurance as even declaring it to them seems to result in an...
Reply to the comment left by "Paul Green" at "07/02/2017 - 14:00": Hi Paul Not a runner in my opinion. The discretionary trust route would still have a similar double taxation impact as passing it to the two brothers. In...
3rd May 2023, 3 years ago
With full respect - Its not a sham arrangement - its recognising that when you have a portfolio of over 20 properties human error might be made and I am seeking to reduce the potential risk. The contract will be...
Read More →Reply to comment left by DAMIEN RAFFERTY at 03/05/2023 - 10:52
Reply to the comment left by DAMIEN RAFFERTY at 03/05/2023 - 10:52Its not a rent to rent company as I would own the management company which has the contract with the tenant not myself as the owner
Read More →Reply to comment left by Graham Bowcock at 03/05/2023 - 10:26
Reply to the comment left by Graham Bowcock at 03/05/2023 - 10:26Its not a sham arrangement - its recognising that when you have a portfolio of over 20 properties human error might be made and I am seeking to reduce...
Read More →31st July 2020, 6 years ago
I am a specialist inheritance tax adviser. I cannot see any issues unless the brother dies so would there be an IHT problem and has the will been adjusted accordingly. Also if he dies even though it would be the...
Read More →21st May 2020, 6 years ago
I have been an IHT specialist for 16 years. Although I fully respect what Mark had to say the contents of this video are very simplistic. There is more than one type of Whole of life insurance and just using...
Read More →21st May 2020, 6 years ago
I own and run a portfolio of 19 properties and some serviced accommodation for more than 15 years. @Darlington Landlord is correct. The tax is now a big issue for many people. You need to get advice and get the...
Read More →2nd August 2019, 7 years ago
I deal with a number of these kind of cases in my work. Yes the previous posts are correct in that Equity release is a complex product and you have to be careful to get the right product. In the...
Read More →29th September 2018, 8 years ago
Happy to pledge £100
Read More →1st August 2018, 8 years ago
Kate is totally correct. I have had to deal with a number of cases when people end up paying more tax because they had not sought experienced advice
Read More →31st July 2018, 8 years ago
Hi Xia Please do not take this as actual advice but I am an IHT specalist but cannot give advice to a non domicile or anyone else without fully understanding their circumstances. That being said there are a number of...
Read More →23rd April 2018, 8 years ago
The very fact that you ask the questions means you need to get experienced help and advice on this as there are too many factors to take into account. Ideally, use a financial planner who will charge you a fee....
Read More →23rd April 2018, 8 years ago
Yes I agree with Neils comments. As you say we I presume you own this BTL with your wife and so have two CGT allowances available to use. However, as it is a gift to your daughter you could look...
Read More →17th January 2018, 8 years ago
Aside from being a landlord, I specialise in IHT advice. Although your question is around stamp duty you should understand that unless the property value is in excess of £325,000 there will be no IHT saving after 3 years as...
Read More →Reply to comment left by Ashley de Safrin at 07/04/2017 - 18:41
Reply to the comment left by "Ashley de Safrin" at "07/04/2017 - 18:41": Hi Ashley Sorry but I cannot see how to email you directly as i do not have your email and it is not posted on a members...
Read More →7th April 2017, 9 years ago
This whole thing is a RIP off !!!! We had exactly the same problem with Simarc and hazelvine for a number of properties and fought it for over 3 years flatly refusing the pay the fees. In the end they...
Read More →17th March 2017, 9 years ago
I am a regulated Financial adviser and so I declare this answer must be regarded as generic advice only and not regulated advice. If you used an adviser to set up your SIpp this would be classified as bad advice...
Read More →17th March 2017, 9 years ago
Thanks For the comments so far - the help is appreciated - we do have full details of the plumber. Just did not want to go through our insurance as even declaring it to them seems to result in an...
Read More →Reply to comment left by Neil Patterson at 16/03/2017 - 11:10
Reply to the comment left by "Neil Patterson" at "16/03/2017 - 11:10": Thanks Neil - good point
Read More →Reply to comment left by Paul Green at 07/02/2017 - 14:00
Reply to the comment left by "Paul Green" at "07/02/2017 - 14:00": Hi Paul Not a runner in my opinion. The discretionary trust route would still have a similar double taxation impact as passing it to the two brothers. In...
Read More →7th February 2017, 9 years ago
Hi Ken Yes I suspect the fact that you all live in the same property has a major impact on the HMRC decision
Read More →Showing 20 of 27 comments