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ben sewell

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  1. Hi Kent, I am currently below this threshold, however my employer recently introduced a bonus structure which, on its own, could bring me over this threshold. The figures on the deal I have will also bring me around £10 below this threshold, so with any fluctuation, or salary increase, I could see myself past the tipping point.
  2. Thank you, I'm just taking the course now and it's very good! I'm also following up on a few leads (it turns out I knew an accountant!), but will keep Rita 4 Rent in mind.
  3. Hi, If anyone would be kind enough to offer advice or recommendations, then it would be massively appreciated. My goal is to slowly build up to 3/4 properties, medium to long term reinvestment with my partner, relying on my employment for day-to-day living costs. I have put in an offer on my first BTL/refurb which has been accepted. I have discussed this with an accountant, who suggested this is best purchased under a LTD company to be more tax efficient. They have offered to do our accounts, but the fee is £72 per month, per director, which would largely eat in to our profits on a single BTL. My questions are: At this stage, can we self manage a company? Are there any useful tools you would recommend in tracking expenses for year-end filing? Is an accountant worth it for one BTL? If yes, would you recommend anyone? Again I would really appreciate any input in to this. While I'm comfortable tracking and identifying expenses and profits, tax just confuses me.
  4. Hey Simon, sorry this wasn't my exciting announcement. I had just posted this as the Property Hub Development kit was announced (with these tools). Thanks for sharing this however!
  5. Looks as though I won't be needing this now...! Exciting announcement (not mine).
  6. Hi all, Loving the site and forum so far. I'm looking to go for my first BTL and before I act, trying to soak up as much information as I can. I understand the need for good goal setting and analysis of a potential investment, but am trying to avoid recreating the wheel in terms of physical spreadsheets. Can anybody recommend any good, free or paid for, ROI/Yield excel spreadsheet calculators? I have downloaded and adapted the simple one from PropertyHub. Edit: I have tried to search the forums, however I don't think my terminology is correct. Thanks in advance.
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