Jump to content

Search the Community

Showing results for tags 'rental income'.

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


Forums

  • Property Hub
    • Housekeeping
    • Property in the news
    • Introduce yourself
    • General property discussion
    • I need advice!
    • Progress journals
    • Property Podcast discussion
    • Property Hub University
    • Chit-Chat
  • The Property Hub Summit

Calendars

There are no results to display.


Find results in...

Find results that contain...


Date Created

  • Start

    End


Last Updated

  • Start

    End


Filter by number of...

Joined

  • Start

    End


Group


Website URL


Skype


Location


Areas I invest in


About me


Property investment interests


My skills


My goals


Interests outside property

Found 7 results

  1. Hello. I have taken the Property Hub course on Tax's, where it was explained that if you do not want to live off the rental income and you just want to recycle your money straight back into the property, then buying in a limited company is the best was to save. It was shown that corporation tax is lower than income tax (depending on what tax brackets you are in, it can be 21% less), however, a dividend tax is payable if you wanted to withdraw from the company. My question is if I do want to live off my rental income, is there any point looking into buying in a limited company.
  2. Hi, I'm looking for advice going forward with regards to living off my rental income and future remortgages. I'm thinking forward and looking at the possibility of living off my rental income in the near future. I'm looking to save up a lump sum to live off initially and would like advice from full-time property investors. 1st question is, once living solely on rental income, how easy is it to remortgage your BTL's and home mortgage? Have you done this? which lenders do it and what criteria are they looking for the least? and what's a typical
  3. Hi, I'm looking for advice going forward with regards to living off my rental income and future remortgages. I'm thinking forward and looking at the possibility of living off my rental income in the near future. I'm looking to save up a lump sum to live off initially and would like advice from full-time property investors. 1st question is, once living solely on rental income, how easy is it to remortgage your BTL's and home mortgage? Have you done this? which lenders do it and what criteria are they looking for the least? and what's a typical
  4. Hi Hubbers I am currently researching Buy to Sell deals, specifically renovating 'tired' houses that could make good rental properties / HMO's. How can I calculate an estimated selling price that a bank would consider reasonable (mortgagable), based on average rental income in an area? Is it as simple as reversing the 125% rule? Say a property can generate a monthly income of £500 Annual Rental Income = £6000 75% LTV Mortgage Amount = (£6000/0.125) £48000 Selling Price = (£48000/0.75) £64000 This is pure Excel-spreadsheet stuff, to analyse the viability of a Buy-to-Sell p
  5. If my future rental income were to push me into the higher rate tax bracket over the next 5 years, when added to my current income, should I set up a Ltd company now to begin my property investments?
  6. Hi Guys, This might be a specialist for a forum and of course will take independent advice before attempting but has anyone every purchased a BTL property but had the Rental Income assigned to their children? As i understand it children cannot hold property in their own name but what about the rental income? is there anyway of assigning the income to them (and thus using their tax free personal allowance?) just wondered if anyone has any experience of the above. Thanks
  7. Guest

    Analysis Paralysis

    Hi, I'm currently looking to invest in my first property ever as a BTL. I have a vague strategy in place which was to buy in a decent area aimed at young couples/families and young professionals looking at houses at around 100-110k. I've recently met with a mortgage broker and gone over my financial situation and have an agreement in principal in place with a first time price of 180 in place. My deposit is around 15k and I was ready to go. My broker informed with many lenders wanting 25% deposit for BTL a house of around 60-80k may be better as it would return a better net yield. I'm not
×
×
  • Create New...