t pelosi

Registered with Property118.com
Saturday 17th August 2013


Latest Comments

Total Number of Property118 Comments: 8

t pelosi

23:35 PM, 17th August 2013
About 8 years ago

Is your property portfolio ownership structure optimised to enable you to pay the minimum amount of CGT, income tax and IHT?

hello,
loads of equity,
with NRAM,so cant DO anything with them,as they don't further lend etc.
am 70,
only BTL income,
,small pension so no large salary etc
so my question will any lender remortgage so I can use some of this equity ?I want to raise the cash to do several things depending on amount, improve the properties, help daughter,son to get property,etc .many thanks Tessa... Read More

t pelosi

22:57 PM, 17th August 2013
About 8 years ago

Is your property portfolio ownership structure optimised to enable you to pay the minimum amount of CGT, income tax and IHT?

Hello, really interesting article, wonder if I can ask for comments, I,m thinking to sell my flat to my son, I want to tidy up my estate, and ensure it passes to him etc as we both want ,gifting not really we both don't want to worry for the next 7 years etc
,your article refers only to couples no mention of how single LL can gear
property
.lease being drawn up to split house in 2 units now, I hope this is the best way to go about it .is there a better option, many thanks Tessa... Read More

t pelosi

22:42 PM, 17th August 2013
About 8 years ago

Is your property portfolio ownership structure optimised to enable you to pay the minimum amount of CGT, income tax and IHT?

Reply to the comment left by " " at "07/03/2012 - 17:28":
hi just read this ,I am with Sharon, on this ,good comment, I too am single landlady so will welcome advice for singletons and re adult children etc,were there any followup comments as this is old comment.many thanks T... Read More

t pelosi

22:29 PM, 17th August 2013
About 8 years ago

Interest only or Repayment BuytoLet mortgages

hi, very interesting
,am just thinking if I should pay down myIO BTL mortgage with All rental income monthly,or stick to usual monthly payment and save etc.does anyone know how this affects tax if I overpay monthly to pay down IO mortgage.many thanks for your comments Tessa... Read More

t pelosi

11:57 AM, 1st March 2013
About 8 years ago

BMV property deal gone wrong - what would you do?

pleased to see someone else mentions the requirement for separate salary income,
my latest enquiry gave me a laugh [hollow]
London house so 50% equity, income after a bit of redecorating etc will produce likely income £1,500 week mortgage £700 month so a "bit" over etc
and also residential property 1mill +again 50% equity.
70 so not really looking to get another salary /job etc.thought I'd be reasonable financial risk.Nationwide said they'd offer me a mortgage of£30,000 max due risk factor, ?age etc.
I'd like ro remortgage from nram for a start ,
after reading the info re tax re husband and wife and the various strategies wondered if any my rental income can be converted to salary which might help to find a residential mortgage or is only option to try for btl or ltb.
any oldies out there found a solution advice greatly appreciated,
ps Mark .just found a few more grey hairs after sitting down to my morning cuppa earlier and reading the latest from the BOI.hope you manage to cut them off at the knees, pretty awful stuff and the rest will surely follow. great site thanks for all the info, though I do have to make sure I'm siiting comfortably so to speak before logging onas I never know whats going to cause a splutter like todays news,cheers t... Read More