I have been a private landlord for over 15yrs and started off with a few properties owned in my sole name while working full-time, getting help from my wife and family members to keep up with the management of the properties etc. 2yrs ago my brother decided he wanted to get into property ladder and asked if we could work together and possibly buy more properties and build a portfolio together. We embarked on the journey despite the doom and gloom around the industry of section 24 and all the other tax changes coming in soon. I knew that we needed to plan ahead and get a clear picture of our tax position as we move forward. I had come across property118 on google and followed it for about a year and continually felt Mark was a genuine property person, always thought outside box and explained things in a jargon free, straightforward, honest and practical way compared to many other sites and forums I had come across. Before approaching Mark I initially paid and consulted with a few local so called professionals in property, but they either talked complete jargon and it went over my head or they just concluded to wait and see approach. I eventually decided Marks fee was worth paying and I took the plunge and booked my 1st consultation. Best payment to a professional person I have ever made! I have since taken his advise and decided on the Partnership route with my brother and wife. I have subsequently consulted with Mark on 2 further occasions to pick his brains. He is a lovely chap, with a great team around him with vast experience in the property industry. I would not hesitate to recommend his website or his consultation service. I wish Mark and his team continued success in every walk of life and cannot thank them enough for there help, advice and support to myself and many other landlords out there. I just need to find a way to present Mark with a bottle of bubbly, but I'm having difficulty while he is in Malta 🙂
We recently booked a consultation with mark and it turned out to be one of the best investments we made as not only he has been very patient and helpful but he continued to help us after the sessions when we encountered difficulties and needed someone to bounce up ideas or point us to the right direction. Thanks Mark!
I recently booked a consultation with Mark to advise me on the most tax-efficient way to manage my properties and I'm so glad I did. Mark was professional in the way he provided his advice and promptly answered any questions I had. I found him very helpful in clarifying a number of follow-up points I had for which he was kind enough not to charge me extra for his time. I greatly appreciate his excellent advice for me to set up a partnership with my wife to manage my properties. I highly recommend his services and will call on him again in the future.
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.
I have been an avid reader of the Property 118 website for quite a few years and have been impressed at the openness, honesty and depth of knowledge of the 118 team. When Section 24 appeared, much to the incredulity of landlords, I knew that Mark and his professional team would have a calm, sensible overview.
When the enormity of the tax implications became ever clearer I sought a consultation with Mark as, approaching retirement I could see my financial plans being sorely tested.
Mark provided a detailed written analysis of my situation that clearly showed substantial financial gain by following his recommendations. I, without question, would recommend a consultation with him to anyone unsure, concerned or just seeking answers to their tax situation.
The best £400 I have ever spent in my life !!!!
I recently arranged to have a tax consultation with Mark. I of course needed to supply him with details of my portfolio, which meant completing a spread sheet for the first time in my life. He said it would be straightforward and to my surprise it was. I have just received his report. I’m gobsmacked, utterly amazed because the report is beyond my wildest dreams, fully comprehensive and the amount of detail is unbelievable.
His knowledge of current tax legislation and suggested methods ( all legal ) of ways to keep my hard earned money rather than give it to the government is, I feel, unlikely to be obtained anywhere else.
In addition to this he then rings me at an agreed time ( he was in fact two minutes late in ringing ), we have a 30 minute chat, me listening most of the time totally amazed at his knowledge. He then sends me comprehensive information regarding IHT planning based on my personal situation. He then also refers me to a barrister at no extra cost! ALL OF THIS FOR £400 it must be worth £1000’s!!!
I believe any landlord with a property portfolio ( small, medium or large ) would benefit enormously from booking a tax consultation with Mark
Thank you Mark
I threw hundreds of questions at mark via email and over the phone during our unplanned first discussion, he skilfully answered everything and paved the way for a clear discussion the second time around. I am the type of person that likes to know everything and Mark's ability to negotiate around my unique situation had made both of us curious. He has come up with solutions and ideas and put my mind to rest on many issues I have been having sleepless nights about. I would not hesitate to recommend him based on all my interaction with him thus far, bring on the next recommended specialist proposed by Mark for wills and IHT, trusts etc !
Very happy with Mark and all his advice. He had a way of getting directly to the point and cutting out all the "dead wood" thus leaving just the issue at hand. I will certainly be using his Consultancy for some further advice on a number of other matters. His wealth of experience means he can give you bespoke advice on your particular issues. Best of luck Mark.
Reply to the comment left by Glenn Ackroyd at 10/04/2018 - 13:56Glenn
Glad to see that you and your wife have taken the Incorporation 'plunge' recently as we are just about to very shortly.
Last time we emailed you were just an International Gigolo so welcome back to real life.
I have incorporated using the advisers recommended by Property118, as have a few friends / business partners. Property118 has saved my Lettings business. Thanks for a great site packed with switched on property professionals
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