Cash in ltd co and very low interest rates
Discussion
trowelhead said:
I have set up another company. Trading company loans the other company funds (intercompany loan) so no further tax trigger (unlike drawing divis).
Company 2 invests in residential property. Bought 2 properties so far, property one gross yield 12% property 2 gross yield 10%. After all expenses / voids etc i expect to see more like 8-9%. Will only pay 20% corp tax on rental income if left in company so fairly tax efficient.
Would recommend.
thanks - that is an interesting idea, I assume you have a commercial mortgage through the ltd co or did you buy outright?Company 2 invests in residential property. Bought 2 properties so far, property one gross yield 12% property 2 gross yield 10%. After all expenses / voids etc i expect to see more like 8-9%. Will only pay 20% corp tax on rental income if left in company so fairly tax efficient.
Would recommend.
I was looking at this company as a more convinient way to invest in property - https://propertypartner.co
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