All property investors manage their cashflow – some do it well, for others it’s a daily source of pain! Just like any business, managing cashflow well is essential to the long-term survival of a property portfolio. Continue Reading »
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 »
Specialist property accountant Stephen Fay ACA considers how property investors can survive if interest rates don’t gradually rise, but rise much more quickly, and even ‘overshoot’ the so-called Bank England ‘neutral rate’ of 5% Continue Reading »
Property investors and landlords are generally subject to a remarkably benign tax regime. With good planning, investors can avoid making tax mistakes that can easily cost a large chunk of their hard-earned profits. Continue Reading »
In any business, it pays to think about the size of business you are trying to build. Many property investors build enormous portfolios that leave them teetering on bankruptcy, while other investors are excessively cautious and should have more faith in themselves! Continue Reading »
Many property investors want to use property to generate long-term wealth – but few put in place a business plan and financial budget to achieve their aim. Being financially disciplined, and committing to a long-term plan, can lead to financial security sooner than you think – using compounding rental profits and occasional sales to reduce debt and build equity.
There is a lot of hype around property investment, but the truth is that the average investor is trying to build a moderate-sized portfolio to allow a comfortable and early retirement, and to pass on to family.
With lending criteria from ‘High Street’ Buy-to-Let lenders tightening, the lending environment is becoming much tougher for property investors. Many property investors with good portfolios are now looking at commercial finance – rates and fees are often better, and lending criteria no worse than BTL lenders – but, information requirements are more stringent. Continue Reading »
Many property investors are keen to expand their portfolio and so are naturally focussed on the acquisition side of property investing. But, much of an investor’s long-term success, or otherwise, will depend on how they manage their new property, mortgage, and tenant. Continue Reading »
Many property investors have moved on from simply owning one or two properties and are, effectively, running a small business. This means better financial management skills are needed. Specialist property accountant Stephen Fay ACA looks at how today’s property investors can avoid becoming tomorrow’s distressed sellers. Continue Reading »
Many investors are turning to HMOs and Multi-Lets as an alternative to the traditional single-let approach to long-term property investment. YPN asked specialist property accountant Stephen Fay ACA, to run through how HMOs and Multi-Lets differ tax-wise to single-let property. Continue Reading »