buying property thru company

H

howareya

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Any opinion on buying a couple of sec 50 apts thru a co.

I presume the co. is entitled just like an individual to sec50 relief on rental profits. (surcharge would be higher then)

The intention would be to keep the property for 10 yrs and then sell on if market is good.
 
Thanks Clubman, alot of very interresting points in that.

I'm particularly interrested in the pension idea.

Can someone explain inmore detail how it works.

does the director buy the property thru a pension fund??
Is the loan held personally
I don't really understand it fully.

Is this an option or is it the same thing

Director buys the property on interest only. Pays tax on profits (but for first ten yrs minimal tax as property is Sec 50).

The company builds up directors pension (Pension based mortgage)
At retirement the tax free lump sum will be used to pay off the loan and the balance can be drawn down as and when required.
 
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