u/Capital-Bug7825

Short one. My accountant can set up my BTL Ltd company for £198 including the £100 government fee.

Or I can do it online myself for £100. Is it just a straight forward process or any downside in doing this?

Thank you

Hello community, short as I can. I have two BTLs in my personal name and I’m self employed (brings my income to between 50-60k per year (40% tax not great for the rental income of course).

Purchasing another BTL jointly with my wife and she earns roughly 35k a year so with the 11k rent income from this third one going to her she’s still under the 50k (for now).

We plan to buy one more too. Now onto the advice needed part!

From the beginning I should have set up a LTD company and gone from there (but this was way back before I even knew my wife etc) and now the cost of CGT and stamp duty moving them into a company would be stupid therefore these will stay in my personal name and as they are.

With the third one, should we put it in a Ltd company? Then the fourth too? Even if we only have two in it. Or should both incomes go to my wife and we swallow it etc. we may potentially buy more but that is a long way off if we do…

Unsure how to play it but any input is hugely appreciated. Thank you in advance.

Hello community - my situation briefly. I have two BTLs in my personal name and I’m a sole trader.

Income from sole trader roughly 35k
Income from both properties 21720k

Which takes me over the higher tax bracket and as we all know with the changes, paying tax on all profit, new checks and everything which goes out yearly I’m all good but wondering if it could be better.

I’m about to purchase my third BTL in joint names with my wife…

She earns 30k from her employment
This property will bring in 8400k

So she will stay in the lower bracket no worries and keep that income.

My thoughts are two things -

1, I can do a deed of trust with a solicitor/inform the mortgage provider etc with one of the properties I get income from and split it so she gets a portion then I pay less tax etc. (with this option and potential rent rises or job incomes it may not work out long term? 20 years or more?)

2, open a LTD company and add this one we’re buying now into it then frustrating add the other two into it as well (but pay stamp duty) - will this long term with a lower tax system and other perks work out better? How long until it’s worth it etc.

Would love input please!! Early stages of thinking about it all but want it sorted. Thank you in advance.

You look at the stats and the people buying most the rental properties are corporations or landlords expanding through Ltd companies. Many small landlords are selling yes.

The bigger guys of course structure things different etc which I know. The sentiment in this sub every time I see any post is sell, don’t bother, silly idea, use your isa etc.

Is there any optimism left or people going against the grain?

I used to love AOE back in the day but looking for something on my phone now. I don’t mind a one time payment but not constantly through the game to improve etc.