Letting and Family?Make Text Bigger
We are investigating our first potential property investment as a way of helping out a close family member, and ourselves as a long term investment. We are higher rate tax earners so have looked at buying and getting a mortgage through a limited company.
Would it be permissible to let the property to a family member of a director of the limited company?
Would the family member be able to gift the deposit for the property to the company (whether he then lived in it or not)? He would not be in any way part of the company.
What kind of professional should I seek to give me the best advice about this fairly complicated situation!!?
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