INCORPORATE Buy-To-Let Properties to SAVE TAX: LLPs vs Partnerships | The Property Tax Show E04

What's the best way to incorporate your buy-to-let properties and save tax? Many landlords use a partnership as a route to incorporation, but what exactly is a partnership? Should you use a limited liability partnership (LLP) or a general partnership? And how do you meet the criteria needed to move from a partnership to incorporation?
In episode #4 of The Property Tax Show, Provestor CEO, James, and Head of Tax, Nadeem, explore the ins and outs of partnerships for landlords who are planning to incorporate a property portfolio.
► Watch Episode #3 of The Property Tax Show: Transferring properties into a limited company: • Why Landlords Move BTL...
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#propertyinvestment #property #tax #landlord
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PROPERTY TAX ADVICE:
Need one-to-one advice on incorporating? Book a personalised consultation with Nadeem or one of our property tax experts for just £449: bit.ly/3u4ZJRw
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FREE RESOURCES:
Expert Guide: Transferring property to a limited company (portfolio incorporation): bit.ly/37dlQME
SDLT Tax Calculator: bit.ly/3DD8tlc
CGT tax Calculator: bit.ly/3J0CBrT
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Explore our property accountancy services from just £59/m: bit.ly/3x2TVtF
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[@Holdeenio]

Great video, thanks!
Would really love a deeper dive video (like this) on Capital Allowances, and one on Sideways Relief please 🙏🏼

[@provestor]

Thank you for your comment. This is something we will roll out shortly. In the meantime you can find much more about Capital Allowances by visiting - www.sixforward.com/capital-allowances/.

[@lhg2353]

Thank you for sharing this. Sorry i missed what you said about getting one to one tax advice, please can you advise please.

[@kryspinstepien6496]

Excellent video, thank you

[@provestor]

Thank you Kryspin. Glad you liked it!

[@gordonadam7051]

Hi, great channel and helpful vids. I’d love a short call with Nadeem to discuss further. Can I arrange that through here? Thanks

[@VLN-ho1pp]

could you advice the cost for conveyancing fee to purchase a BTL via ltd company? thank you

[@provestor]

Hi, thanks for your comment! This would depend on who you use for your conveyancing but the current average costs are around £850-£1,500.

[@paulroberts1519]

Thank you guys, please can you advise me on how to take my property portfolio into partnership for tax benefits purposes. I currently have about 7 BTL property.
Many thanks, Paul Roberts

[@provestor]

Hi Paul - this can be done but we suggest you take tax advice on this matter. It can be quite a complex area and we will need to understand your personal situation to see if this is viable.