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Transferring personal rental property into existing Ltd company
TCW85
Posts: 17 Forumite
After inheriting a rental property into my personal name I wanted to check the feasibility of moving it into my Ltd company which already holds a handful of rental properties.
The reason being the benefits of running it through the company with other properties.
The only question is around valuations. Am I obliged to sell it to the Ltd company at its current valued rate, can it be ‘gifted’, or something in the middle…?
any advice appreciated…
any advice appreciated…
0
Comments
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As a connected person transfer must be at full market value.
Have you actually inherited it personally already? Can you not transfer directly from the estate to the limited company via a deed of variation of the will?1
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