Hi All,
There is a lot of talk at the moment about individuals transferring their buy to let property to a limited company to avoid the mortgage interest restriction, I've looked at the calculations and to me, it looks like for the vast majority of investors, transferring a property to a limited company makes no sense, for example by the time the transfer has incurred stamp duty, CGT which although I know that rollover relief may be available by understanding is that this would be very difficult to justify as a "business" is there were only 1 or 2 buy to let properties? Plus re-mortgage fees, legals fees etc etc.
Am I missing something here???
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