Rental taxation query
10:41 AM, 21st October 2014, 12 years ago
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I have six rental properties, three in the UK and one each in Australia, France and Spain, producing a net income of around £40,000. Does anyone know if there would be any tax advantages by setting up a company to operate these?
Regards
Robert
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Tenant with AWOL Landlord AND Property Manager!
Member Since January 2011 - Comments: 12255 - Articles: 1477
10:43 AM, 21st October 2014, About 12 years ago
Hi Robert
With the international aspect of this query I recommend you speak to a tax specialist. Here’s a link to the member profile of the man that advises me >>> https://www.property118.com/member/?id=452
.
Member Since July 2013 - Comments: 34
10:57 AM, 25th October 2014, About 12 years ago
Mark is right, we have UK clients with Australian Property and there are some funny rules unless you are an Australian citizen.
Jason