How to move buy to let properties into a limited company TAX FREE | Limited company property taxes

If you've got properties in your own name the chances are you've been impacted by the section 24 finance cost restrictions, this has led to many landlords paying far more in tax.

One way around this has to been to incorporate the property portfolio into a limited company which still benefits from being able to deduct the full mortgage interest payments. However, there are two important taxes to consider and if you get this wrong you could be hit with a huge tax bill.

Got questions? Drop them in the comments!!

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DISCLAIMER
Our videos are for general guidance, education and empowerment in helping you understand accounting, tax and your numbers. They in no way constitute specific advice to your specific circumstances. Me & my team would be delighted to help you with your specific queries or accounting requirements through a formal engagement.

[senanur]

This video has aged well with Starmer coming for these kind of properties. Landlords of all a kinds are selling before the October budget. Never have I seen so many homes put on sale in the market. Finally I can buy a home!!

[kbc]

Excellent and clear information on conditions of transfering properties into a company

[ShaunWatcham]

You said that if you passed the properties on within the Ltd company that you would get a ' tax free uplift as part of inheritance tax', can you explain this advantage please?

[Lawrencekingsley]

"To obtain financial freedom, one must be either a business owner, an investor, or both, generating passive income, particularly on a monthly basis." - Robert Kiyosaki. I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already, got a new business my wife is managing, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made.

[CameronBattaglia]

Appreciate the detailed breakdown! 🧐 Need some advice: 🙏 I only have these words 🤔. (behave today finger ski upon boy assault summer exhaust beauty stereo over). I don't know what they are. What should I do with them? 🤷‍♀️

[StevenDeverill]

All good info. Just wanted to know your thoughts on the financial side. I have a business loan on my commercial BTL. Will I have to refinance by selling to a newly incorporated company?

[majkhan]

Hi, really like your advice and I need some further advice on incorporating into a LTD pls

[ESTPhonehome]

I would love a quick call on this if possible. Thanks

[garysingh]

Great Video. Would be great to. Know more and also discuss such things as IHT.

[huwroberts]

I've just come across this video - recommended by my cousin. Thank you Josh

I'd be very interested in having a conversation with you to scope out the feasibility of moving my portfolio (x10) from personal ownership (me & wife - partnership) to an incorporated structure - LLP or Ltd. I have looked for this route before but deemed it would be too expensive with CGT & SDLT. However this now sounds like it is possible?

[SN-jtkl]

hi Joahua, I would love to know more about it.

[wjetghn]

What are the chances of HMRC adding section 24 AND personal income tier tax to ltd owned property for income derived from property. I've heard they are trying to find a way where ltd owned property will suffer the same tax as personal tax liability.

[luminargooglenetwork.]

I like your content and enjoy learning from you. I wish to see a lot more of the educational and valuable youtube content you put out. Keep up the awesome work! : -

[karenmiller]

My sons grandmother has several unencumbered properties. She would like to gift him a property to his Ltd company. Is this a wise move ? I am finding it hard to get advice on this.

[merch]

Mortgage rates are higher for a Ltd company aswell. Wasn’t worth it to move them to a ltd company for me

[andywall]

Hi Joshua, many thanks for this information 🎉

[matt]

And all this while the working man and woman on PAYE are taxed at the highest rate in 7 decades!
All these loopholes need closing immediately!

[stone]

If there are 3 directors of a limited company and 1 dies do the remaining 2 directors have to pay capital gains if it's a property.buisness

[mpanee]

Great content thanks for sharing this Joshua, not sure about mortgage complications currently under personal names

[Deeelon]

I have one property that i am unable to sell at the minute because of cladding unless to a cash buyer. So I rent it out but barely making anything off it and am unable to move on with my life. Is there anyway I’d be able to set it up in a smarter way than my current “permission to let”