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Property Articles

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 »

Audit your mortgage accounts and potentially claim a refund from your lender

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

By specialist property accountant Stephen Fay ACA

Mortgage lenders generally use automated systems to manage the vast numbers of accounts that they manage. While the systems themselves can generally be relied upon – there are some exceptions! The old saying that ‘garbage in, garbage out’ applies, as a human being still needs to set up the account and deal with certain items.

This article explains how to ‘audit’ your own mortgage statements and how to claim a refund from your lender if monies are owed to you.  Continue Reading »

Should I transfer my properties into a company?

First Published: December 2012 | Available in: Property Articles Your Property Network

By specialist property accountant Stephen Fay ACA

Most landlords start their portfolio in their own personal name, perhaps along with a spouse or business partner. In time, as a typical portfolio moves from initial losses to substantial profits – and tax bills! – many landlords look at using a company to mitigate income tax, as companies pay tax at 20% up to £300k of profits. This article looks at whether it makes tax sense to transfer property into a company to save tax.

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A 5 Minute Guide to Trusts

First Published: November 2012 | Available in: Property Articles Your Property Network

By specialist property accountant Stephen Fay ACA

Using a trust is not something that only ‘the rich’ should be interested in. Trusts have been used for centuries to pass on wealth from one generation to the next, and to enable people to control how their money is used by others both while they are alive and after death.

Although the use of trusts is a complex area – specialist advice should always be sought – this article gives a summary of what trusts are, how they work, and what they are used for.

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