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oaa

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  1. Hello, On the HSBC Business Account (Purpose of Account) it mentions: 1) Holding funds to be invested in the UK 2) Holding funds to be invested abroad Are holding funds mean like this: Bonds, stocks, private equity, hedge funds, pension funds, options, portfolio, mutual funds, futures, real estate, savings, personal funds, assets, shares. Is it any funds? The business account is for a private imited company. Thank
  2. As a property investor (I'm not a landlord): For example, I found a BMV property, then apply for planning permission to convert into an HMO property depending how many bedrooms and use the bridging finance to refurb it, then use the property to rent it out to potential tenants if that makes sense. This is a buy to let. Someone mentioned that property management/ Rent2Rent is a trading business. Which of these codes are applicable? It is really confusing. SIC codes SIC code 68100 is for the buying and selling of own real estate; so, if you’re going to be flipping and
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