This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

Private Rental properties moved to Limited Company

Expat1
Posts:33
Joined:Wed Jan 26, 2022 1:42 pm
Private Rental properties moved to Limited Company

Postby Expat1 » Wed May 01, 2024 7:26 pm

Hi, I’m a private landlord with 6 rental properties in my personal name. I do all the maintenance and agency things myself but would now like to move the properties into a limited company. Can this be done without paying tax? All properties are almost paid off. They have all went up in value but certainly wouldn’t sell for home report value due too the area and likely just sell for the price I bought them for over a decade ago.
Thanks for your help

darthblingbling
Posts:745
Joined:Wed Aug 02, 2017 9:09 pm

Re: Private Rental properties moved to Limited Company

Postby darthblingbling » Wed May 01, 2024 8:46 pm

You seem to post a lot about various investments and such, some even contradicting one another! Ever thought of just engaging a professional as your affairs seem pretty complex.

Expat1
Posts:33
Joined:Wed Jan 26, 2022 1:42 pm

Re: Private Rental properties moved to Limited Company

Postby Expat1 » Wed May 01, 2024 8:54 pm

Hi, thanks for the reply. I have contacted a few and the advice has contradicted, hence coming here so I can look into it further as don’t want it to be wrong.

bd6759
Posts:4457
Joined:Sat Feb 01, 2014 3:26 pm

Re: Private Rental properties moved to Limited Company

Postby bd6759 » Thu May 02, 2024 7:52 am

They have all went up in value but certainly wouldn’t sell for home report value due too the area and likely just sell for the price I bought them for over a decade ago.
Thanks for your help
Either they have gone up in value, or they have not!

You will pay CGT on any gain.

The company will pay SDLT.


Return to “Capital Gains Tax, CGT”

cron