Glenn Ackroyd

Registered with Property118.com
Thursday 4th July 2013

Insures properties through a broker recommended by Property118
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Latest Comments

Total Number of Property118 Comments: 47

Glenn Ackroyd

10:02 AM, 13th October 2018
About a month ago

Potential Budget CGT relief and profit split for selling to long term tenants?

If anyone has a plan to sell in the near term and has a portfolio, I'd recommend a consultation with Mark Alexander. I did and was sceptical TBH.

But based on his advise, I've transferred into a Ltd co, with no SDLT to pay on transfer, no CGT on transfer, and have now agreed on a sale. I've got no CGT to pay at all.... Read More

Glenn Ackroyd

11:53 AM, 18th June 2018
About 5 months ago

What Does "Washing Out CGT On Incorporation" Actually Mean?

I can genuinely say that the tax consultation with Mark Alexander has paid for itself a thousand times over.

On the basis of this strategy, I've washed out all of my CGT and fingers crossed, I'll have a sale on my portfolio completing shortly.

My accountant who has lots of property clients has reviewed everything and say's its a work of genius.... Read More

Glenn Ackroyd

9:50 AM, 9th June 2018
About 5 months ago

AgencyInsider - Is He A Real Estate Agent or An Impostor?

I love this analysis.

What's interesting for me in terms of myth-busting is that when you look at 1996, with the introduction of BTL mortgages and AST's, the split between owner-occupiers and renters was 2:1 - And it remains that way today.

But of the renters - about 32% of the population in 1996, the number living in social housing has dropped from 21.4% to 17.7%.

This reduction has been mopped up by the private rented section which has increased from 10.1% to 13.9%.

So all that has happened in 20+ years is that home ownership has remained broadly unchanged and the private rented sector has plugged the gap left by social housing and the right to buy sell-off.

If it wasn't for the private rented sector, the social housing crisis would be 20% worse.

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/11816/141491.xls... Read More

Glenn Ackroyd

13:56 PM, 10th April 2018
About 7 months ago

Consultation Testimonials

Just a quick note to say a huge thank you to Mark Alexander and Mark Smith for helping my wife and I through the incorporation of our portfolio before the end of the tax year.

Particularly to Mark A, who had so much patience responding to our numerous questions and understanding our goals to make sure that the strategy matched our aspirations.

As well as saving us tax on Section 24, we'll save even more on Capital Gains when we sell our properties, which was an unexpected and very lucrative bonus.... Read More

Glenn Ackroyd

9:46 AM, 31st March 2018
About 8 months ago

Jeremy Hunt purchases BTL in name of Ltd co.

Link on companies house to Hunt being a person with significant control of the company; http://bit.ly/Jeremyhunt... Read More