Stuart and Simon try to look at resources that you need to consider when planning property investment and get a little sidetracked into discussing personal vs limited company ownership of investment property.
The discussion this week included:
* The resources needed to invest in property.
* Time.
* Money.
* Knowledge/expertise/experience.
* The best knowledge comes through doing.
* Doing means walking the streets.
* Using agents, or not.
* Self listing properties - OpenRent (https://www.openrent.co.uk/), LettingAProperty (https://www.lettingaproperty.com/), UPad (https://www.upad.co.uk/), Visum (https://www.visum.co.uk/).
* Differing costs and effort between buying in personal names or a limited company.
* Section 24 (https://docs.patma.co.uk/glossary/section-24/).
* Tax!
* Some of the company vs personal tax considerations.
* Capital Gains Tax rates (https://www.gov.uk/capital-gains-tax/rates).
* Transferring property into a limited company.
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