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Property Articles

Festive Tax Saving Tips

First Published: December 2013 | Available in: Property Articles Your Property Network

By specialist property accountant Stephen Fay ACA

It may be the season of goodwill, but that doesn’t mean that the taxman shouldn’t have to chip in his share towards the festive season. Here is a selection of top tips for ensuring that you have a merry – but tax-efficient – Christmas…

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How Should I structure my JV arrangement? part 1: developers

First Published: November 2013 | Available in: Property Articles Your Property Network

By specialist property accountant Stephen Fay ACA

Many property investors work together with other investors to pool funds and expertise and so enable them to do deals that they may not otherwise be able to. This article looks at the most common way for property developers (rather than landlords) to set up their affairs in the most tax-efficient way while also not entwining their personal and business finances too closely together (other alternatives may be more suitable for more permanent, or family, arrangements for example).

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What kind of property investor are you? Part 1: the private landlord

First Published: October 2013 | Available in: Property Articles Your Property Network

By specialist property accountant Stephen Fay ACA

Most property investors start their investing career by operating in their own personal name. but what do you tell lenders, friends, family, tenants and ‘nosey parkers’ when they ask about your business structure? This article explains how to describe yourself, and operate day to day, if you operate your property business in your own personal name.

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When property investing goes right

First Published: September 2013 | Available in: Property Articles Your Property Network

By specialist property accountant Stephen Fay ACA

Property investing is a business that can be very financially rewarding – and often in my experience many property people dare not to ‘dream’ about how things might be if things do go to plan and those ‘back of the mind’ risks don’t actually materialise.

This article gives a ‘no-names’ brief summary of five of our clients who are making a real success of their property investing – and, unlike some of the stories you may hear on forums or at meetings, I can assure that these are absolutely true stories!
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The Positive Cashflow Vs Taxable Profit Enigma – What it is and how to benefit from it

First Published: July 2013 | Available in: Property Articles Your Property Network

By specialist property accountant Stephen Fay ACA

A typical property investor will show positive portfolio cashflow from day #1, yet have income tax losses that mean no income tax is due. How can this be? This article looks at the typical investor’s cashflow and tax position during the various stages of their portfolio lifecycle.

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Extracting equity from your portfolio tax-efficiently

First Published: May 2013 | Available in: Property Articles Your Property Network

By specialist property accountant Stephen Fay ACA

Residential property investors suffer a harsh capital gains tax regime and so selling properties that have increased significantly in value often results in a tax bill that is just too hard to take!

As an alternative, investors may instead choose to borrow against their assets –as a sale hasn’t occurred there is no CGT to pay. This article looks at how landlords can access their equity tax-efficiently using a borrowing rather than selling strategy. Continue Reading »

Why extracting money from your property company may not be necessary

First Published: April 2013 | Available in: Property Articles Your Property Network

By specialist property accountant Stephen Fay ACA

Some property investors and entrepreneurs who operate via a limited company seem to be overly-concerned with how to immediately extract profits from their company. This article looks at how company owners can get maximum benefit from their company profits – whether extracted or retained. Continue Reading »

Why investing in commercial property in 2013 could save you £103,226 in tax

First Published: February 2013 | Available in: Property Articles Your Property Network

By specialist property accountant Stephen Fay ACA

Most residential property investors shy away from investing in commercial property, despite there being strong tax benefits in doing so. From 1st January 2013, investors can claim up to £250,000 of allowances against their income tax bill – how much would your property plans be accelerated if you didn’t pay any income tax on £250,000 of income in 2013? This article looks at how commercial property can help you to save serious amounts of income tax – as well as being a sound investment. Continue Reading »