Most tax efficient way to purchase property?

Hi,

I would appreciate help on this if possible.
I have a client who has a company with circa. €250k on deposit and he is looking to purchase 2 properties with a large rent roll. One of the properties can be purchased through the funds on deposit and the other property can be bought via a bank loan which has been approved.
There will be rent roll of circa. €60k.
He is open to all options available to him, but he needs to do this in a tax efficient either via a pension, via a company, or as a non resident. He can take the funds out of the company if needs be. He would also be open to setting up a trust as he has 2 children.
I am not familiar with this area and any help would be greatly appreciated, or if I could be directed to somebody who specialises in this.

Your client should discuss the issue with a good tax accountant. The 250k in company funds are likely to attract a tax liability if withdrawn from the company. Also, level of tax efficiency in terms of options available would require any advisor having a good understanding of your client's current financial circumstances and tax position. Also his need to access the income in the short/longer term etc.

Hi Commercial

I did a Key Post on the topic in 2007. While stamp duty rates and income tax rates have changed, I think that the principles are still the same.

It is worth your while getting a good understanding of the issues yourself and then running the particular circumstances by an accountant.

As a general rule, it's not a good idea to accumulate cash or other assets in a company.

He is probably better off facing up to the problem of extracting the cash from the company now.

Brendn