A property portfolio is a collection of property investments owned by an individual, a group or a company. Purchasing just one property is unlikely to allow you to achieve that real financial freedom that you want, whether that be early retirement or significant amounts of wealth.
However, owning multiple investment properties with multiple rental incomes and multiple opportunities for growth can really set you up financially.
Having an accountant work with you to achieve your goal is paramount.
 
If you and your partner have bought multiple properties and been running as a business but are finding that the changes to allowable mortgage interest has had a profound effect on your tax liability, there is the potential for your properties to be moved into a limited company structure without triggering SDLT. Contact the KFS team to discuss this further.

For more information for ‘Buy-to-let landlords’ download our free guide from the Factsheets menu option. 

Elcot Park, Elcot Mews, Elcot Lane
Marlborough
SN8 2BG

01672 624999
hello@kfs.accountants

 

 

 

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