lonelyplanet
Registered User
- Messages
- 65
Hi,
I know that there have been many posts around the pros and cons of investing in property through a Ltd company and from what I gathered that its not a viable solution to property investing for an individual due to the punitive taxation when selling.
However I am wondering if there is any any sense in setting up a Ltd company to manage the letting, repairs etc of property owned by myself.
I have 4 properties which I let out and manage all repairs etc myself and wondering if there are any benefits in setting up a company to manage that side of business...ie collect rent and manage repairs. I am thinking if there is any way of claiming some of the repair expenses through a company structure that would benefit me ?
I know that there have been many posts around the pros and cons of investing in property through a Ltd company and from what I gathered that its not a viable solution to property investing for an individual due to the punitive taxation when selling.
However I am wondering if there is any any sense in setting up a Ltd company to manage the letting, repairs etc of property owned by myself.
I have 4 properties which I let out and manage all repairs etc myself and wondering if there are any benefits in setting up a company to manage that side of business...ie collect rent and manage repairs. I am thinking if there is any way of claiming some of the repair expenses through a company structure that would benefit me ?