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 »
The new coalition Government has indicated that there are likely to be major changes to the Capital Gains Tax (CGT) regime, which will affect landlords and property investors across the board. Although we won’t know precisely what these changes are, and when they will kick in, until the emergency Budget is announced on 22 June, YPN asked specialist property accountant Stephen Fay ACA, to give us the low-down. Continue Reading »
It’s that time of year when we all need to start thinking about submitting our tax returns and so with this in mind YPN have asked property tax expert Stephen Fay to answer some of the questions he most frequently gets asked by property people.
Stephen combines expert technical tax knowledge with real-life property investment experience to offer property investor clients a unique service. Here, Stephen answers some recent questions posed by investors … Continue Reading »
Different taxes come into play, during the life-cycle of a property investor. This means the tax strategy needs to be monitored constantly, to ensure that, over the whole investment life-cycle, every possible tax-planning opportunity is considered. Specialist property accountant Stephen Fay ACA looks at how tax considerations for property investors change depending on where they are in the ‘property investment life-cycle’. Continue Reading »