W wigwam Registered User Messages 78 16 Dec 2017 #1 Is it worth setting up a company to minimise tax on rental income? What are the pros and cons? Or would a 'trust' be viable solution for passing on property to children?
Is it worth setting up a company to minimise tax on rental income? What are the pros and cons? Or would a 'trust' be viable solution for passing on property to children?
J Joe_90 Registered User Messages 2,222 16 Dec 2017 #2 No to the company. Trusts can be used for incapicated children or after your death not used much in Ireland while people are alive.
No to the company. Trusts can be used for incapicated children or after your death not used much in Ireland while people are alive.
L LDFerguson Registered User Messages 4,663 16 Dec 2017 #3 There's an old Key Post on using a company here. https://www.askaboutmoney.com/threads/key-post-company-to-hold-investment-properties.6222/
There's an old Key Post on using a company here. https://www.askaboutmoney.com/threads/key-post-company-to-hold-investment-properties.6222/