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Legitimate Ways to Get Round Higher Rate Tax Renting Out Property
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Reduce your taxable income by way of pension contributions.
Have you considered very carefully all aspects of starting and running a business for only a year? Your property would then be liable for CGT for the fraction of ownership when it was let out.
What if your tenant doesn't move out at the end of the year. And stops paying rent?Signature on holiday for two weeks1 -
Yorkie1 said:If you research the above firm mentioned, also research the criticism that has been levelled against their practices (and their rebuttals).
I don't know the rights and wrongs of it all, but best to be fully informed before making any decisions with regard to them.
There is plenty on the opposing views on Property118's website, such as the piece here: https://www.property118.com/dan-neidle/1
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