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Property Articles

Why Buying More Property Is A Better Strategy Than Repaying Your Mortgages

First Published: September 2011 | Available in: Property Articles Property Investor News Your Property Network

By specialist property accountant Stephen Fay ACA

Pound Cost Averaging…with Property!

Once interest rates return to normal levels, some investors will find themselves with an unsustainable negative-cashflow portfolio. While it is tempting to start repaying mortgages, another strategy to ensure long-term survival is to buy MORE income-generating property at today’s lower prices.

Buying assets continuously through the peaks and troughs of the market cycle is known as ‘pound cost averaging’ (the phrase is adapted from the US term dollar cost averaging) – this article explains how this strategy can protect a portfolio.  Continue Reading »

Debt Management – An Essential Skill for Investors

First Published: September 2011 | Available in: Property Articles Your Property Network

By specialist property accountant Stephen Fay ACA

The vast majority of investors use debt to finance their properties and so get a better return on their own cash invested. This means that, for most investors, their most significant property cost is the interest on their borrowings. With portfolio investors often having mortgages and other borrowings with different banks, on different terms and rates, understanding their debt position and interest rate exposure is vital.  Continue Reading »

Top 10 Questions to Ask When Choosing an Accountant

First Published: August 2011 | Available in: Property Articles Property Investor News Your Property Network

By specialist property accountant Stephen Fay ACA

Serious property investors should have a good accountant on their team, to minimise tax liabilities, produce accounts that help with funding and portfolio growth, and act as a trusted professional adviser. But what should property investors and landlords look for when choosing an accountant?

Clearly, it makes sense to ask the right questions when appointing any ‘supplier’ to your property business. Accountants come in all shapes and sizes, specialise in different areas, may or may not be qualified, be a people-person or a bookworm – this article covers the top 10 questions that landlords should ask to select the right accountant for them.  Continue Reading »

Are You in Control of Your Property Borrowings?

First Published: July 2011 | Available in: Property Articles Property Investor News

By specialist property accountant Stephen Fay ACA

For most investors, their most significant property expense is the cost of their borrowings. But with portfolio investors often having mortgages and other borrowings with different banks, on different terms and rates, gaining a full understanding of the overall debt profile can be challenging.

In the current era of ultra-low interest rates, many investors have benefitted from a massive reduction in finance interest. While this is obviously welcome, many have now spent much of these ‘windfall profits’ on shoring up their cash reserves and refurbishing properties.

However, as all good things must come to an end, wise investors are analysing their property debt profile to ensure they are able to prosper at ‘normal’ interest rates. This article looks at how investors can get a better understanding of their property borrowings and the impact of higher interest rates on their property portfolio.

Continue Reading »

A 5 Minute Guide to Tax-Deductible Expenses for Landlords

First Published: June 2011 | Available in: Property Articles Property Investor News Your Property Network

By specialist property accountant Stephen Fay ACA

One of the most common questions asked by clients with investment property is ‘what costs can be claimed against income tax on property rental profits?’

Clearly, it makes sense to ensure that every possible expense and allowance is claimed before calculating the income tax to be paid on rental profits – as this has a direct impact on the amount of tax figure payable.  Continue Reading »

You Can’t Take it With You – Using Trusts to Avoid CGT

First Published: March 2011 | Available in: Property Articles Property Investor News Your Property Network

By specialist property accountant Stephen Fay ACA

Some readers may have seen the recent BBC programme called ‘You can’t take it with you’. The programme features a range of scenarios which enabled asset-owners to pass on wealth to loved ones tax-efficiently. For property investors, capital gains tax is often a major issue when passing on assets before death.

Specialist property accountant Stephen Fay ACA considers how property investors can use a trust to mitigate CGT on asset transfers.  Continue Reading »