For many people with money to invest, property feels like one of the few opportunities that can provide a reliable, substantial return over time. The lack of housing has led to a corresponding demand in the rental sector, with an increase of 60% in the number of households renting between 2007 and 2017, according to the Office for National Statistics.
Regardless of the number of properties you own, whether it’s just one flat or 50 houses, there are certain financial implications of which you need to be aware. Read our article to find out more about the following:
- Restricted interest
- Property trading
- Cash-basis record keeping
For most landlords, property is just part of a more complex mix of investments and income, which means strategic tax planning is vital. Get in touch with us to see how we can help.