Это видео недоступно.
Сожалеем об этом.
Property investment through limited company
HTML-код
- Опубликовано: 13 авг 2022
- Claim Your FREE Ticket to the Property Investors Crash Course: www.property-i...
How do you buy a house through a limited company? Should you buy a house through a company? Watch this video until the end for some dynamite tips about how and what you should claim back from your company when investing in property.
Disclaimer- I AM NOT AN ACCOUNTANT. I am just explaining valuable tips I have picked up through my business journey.
Share this video: • Property investment th...
🎥 How to build a property portfolio from scratch in 7 DAYS: • Financial Freedom Chal...
📖 My favourite book: amzn.to/39VcYLa
❓ Have a question about property? Join my Property Facebook Group: / 778613042238071
🗣️FOLLOW ME ON SOCIAL MEDIA:
Instagram: / samuelleedsofficial
Facebook Group: / 778613042238071
Facebook Page: / officialsamuelleeds
Twitter: / samuel_leeds
LinkedIn: / samuel-leeds-64660683
For collaboration enquires please email talent@samuelleeds.com
🔔 Subscribe for daily content: www.youtube.co...
WARNING Samuel Leeds will never give out his number in the comments of this RUclips channel. There is currently a channel impersonating Samuel Leeds and commenting on videos with a number to message about investing in cryptocurrencies so please beware of this.
#LimitedCompany #TaxTips #Tax
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
@rachealhubert74 That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@rachealhubert74 I will give this a look, thanks a bunch for sharing.
You had a walk in the park compared to the generations that followed you.
I am with you, however their is light at the end of the tunnel with smart investments, even if you have a little, the reason why the elite rich continue to benefit off the system is because of the tricks and trades that this video shows, however the people can do it now!
It's interesting that these very elites are taught PPE "Philosophy, Politics and Economics", in these high end public schools, that happen to breed prime ministers, bankers and other high society types!
Notice economics in the list from an early age into their late teens, so they have a strong understanding on the banking / tax system!
The public drastically needs to educate themselves about finance to combat the terrible system we are in!
This is a video of many, many inaccuracies, and as someone who is qualified in this area I'd take a lot of what's said with a pinch of salt. You can only draw the £12k (which should be £12,570) tax free if you have no other earnings. You pay additional stamp duty if you buy/transfer property to a limited company, the dividend rate is no longer 7.5%, when you set up a company you're legally bound to produce accounts & confirmation statements each year at cost whatever is in the company, the list goes on....
This is probably just an advert for the company formation he mentions, which I notice costs nearly £60, you can do this without the middleman at a fraction of this cost directly with Companies House.
I suggest you take advice from a good Chartered Accountant before embarking on this route, and remember it is illegal in the UK to give financial advice without appropriate qualifications and permissions.
He's a total scammer, people need to realise but it seems he's making a lot of money from really gullible and desperate people
Seems like you're picking at details - you're not wrong to do so - but the key part is he's got the big picture right. Owning a company does make things a lot cheaper tax-wise if you do it well. It also comes with more responsibilities, as you note.
@@jlomax6467 he’s not a scammer and you need to state facts before slandering ppl Jist because your not in his position doesn’t mean you should be going around calling ppl a scammer if he was a scammer why is he millionaire with multiple businesses I think ppl would be listening to him rather than you mate #sourgrapes
@@fionaentrepr1012 Go and buy his course then and come back and tell me how it was
Appreciate this can you get your accountant to do a video with you. I think this would give so many more people hope.
This was one of the most useful videos and short and simple ! Once again quality from Samuel.
Great video! It'd be really interesting to have a video with the accountant on too!
Great video, Would appreciate if you got your accountant in a video for an interview and discuss all the tax side as i believe this would be amazing content and information.
Yess we need an accountant to go through all the tax sides of BRRR and R2R
Yes please
Would be much appreciated brother
YES!!! I would love to see it! It would be much appreciated!
You would never be able to claim your dining room as your boardroom that’s just hyperbole
Read Rich Dad Poor Dad. The book supports this video and gives a wider background to the thinking.
I watch ⌚️ this channel not for property but for his utter confidence and can do approach!
good tipps! I can only agree, a company saved our financial freedom. No matte what country, same rules and you can find so many loop holes to avoid tax. If you dig deep enough, you'll find out, that income tax is even illegal. Time to wake up, find a solution, we are the sovereign not the state! We need to claim back
Maybe in the UK mate. In Australia companies still pay capital gains tax, pay higher land tax etc.
Investments declared under Limited Company are imports to always be registered, in the books, in order to incorporate its ethical standards and practices in managing its books
Is it advantageous with only 1 property? And if said property is in your name already, how cheap/easy is it to move into a company?
I'm so glad that I'm coming to your crush course 👏🏽👏🏽
Yes pls... It would be great to hear some tips from your accountant 👌🏾I'd love to gain a better understanding
Hi, is there anyone here from Ireland watching this involved in real estate? I just started investing in real estate in Ireland and find a lot of things which would work in UK or US will not work here or it will be very difficult to implement. Would be great to connect .
Loved the Video, I would love a video on how to go about doing this in more detail and an interview with your accountant, maybe in the same video? anyways thanks for the priceless advice!
You can claim those expenses mentioned as a sole trader also though.
Yes please we need more videos like this as this is one of the biggest hurdles which prevents people from starting there own business properly
Watching the video from start the first question on my mind was if you have an accountant and you answered. Please get your accountant on a video.
Amazing video. I'm looking to invest in my first rental property and will definitely buy it through a limited company.
All Depends on your tax bracket and how many properties you want. With corporation tax, Dividend tax if you draw income, higher mortgage rates, higher accountant fees, it ain’t better to buy property through a limited company.
It's worth mentioning it will we need to be an SPV Ltd company in order to get BTL mortgages.
yes please do a video with ur accountant so we all can learn more about limited company
Also huge inheritance advantages when property in a company
Not really, not for an investment company.
please do video on tax with accountant
Thank you very much Samuel… Can we see your accountant on your next video and take some advices? Thank you
When are we getting the accountant video for buying property via limited company?
Yes, interview with accounant please.
Hello Mr Leeds , I need to get a peace of property with little money ! It has to be well ventilated, minimum 2 bath ,
Front yard car garage back yard kitchen garde !!thank you❤
Depends on the country though, buying property through a company in Belgium only starts to get interesting after a portfolio of 1mil+, you still pay capital gains tax, but you can defer it by buying another property. As a private individual in Belgium you do not pay capital gains tax.
God bless Samuel incredible Leeds!
I was told its not worth setting up a company until I have 6 properties.
Hi Samuel, thanks for sharing the knowledge. I would like to come to the crash course...and yes pls more videos like this. God bless
Thanks Samuel, fantastic energy you have.
Yes please bring your accountant in for a video
Hi, I have some properties in personal name and some in business is it worth selling to the business?
Hi Cheers love the content and energy, question: how many guarantors can you have?
Great piece of advice !! Your accountant on would be epic also anything else you can teach about property im like a sponge not sponger I promise 😂
Fantastic info cheers mate
More videos of this type of stuff would be amazing 👍
Yes please to pulling in the accountant and more videos on this
Yeah my old mans got 30+ properties but and doesnt have a company, he wants to start a company and transfer them over but hed have to pay stamp duty on all the properties again 🤦🏽♂️
I literally did this for 3 so far. Spot on
yes please do a Q&A with your accountant
The downsides that you’ve forgotten to mention, include that the dividend rate for higher tax band earners is 33.75%, this is an added tax after corporation tax as the dividends are paid from retained earnings. This will also be applicable on sale of the property
That's what I was thinking, that's the biggest downfall.
What is the higher tax bracket? After earning what amount does this kick in?
Why would he care? His goal is not your goal.
What you fail to also mention is any asset your business has gets a depreciation allowance per annum which also offsets any liable tax. You can also offset many maintenance costs for the upkeep of said properties if they are being used say for tenant housing! Yeah you pay tax on the passive income but who cares your literally earning passive income from assets which can be sold later or step 2
is when you get to the next level… you can borrow money against business assets (houses) to buy your next house, and you don’t pay tax on debt 😉 which is how the elite are doing it
As long as your main income from the business is steady and secure the worlds your oyster.
There is people out there who literally have 6000+ houses in there portfolio worth 100’s of millions some cases it’s billions lol
Would love a q and a with a tax accountant. Some questions I have is can you claim back on anything? Even if you didn't have a job and your only income was through rent/dividends?
Also, do you not pay corporation tax on rental income?
You pay corporation tax on profit, hence if you use your business for expenses and it doesn't make much 'profit' because you've claimed expenses then you don't pay as much tax
Brilliant video would love to see more of this 😀 👍🏾
You can do this all free in the UK with a new service with one of our partners
Thanks Pal for your advice.
Thanks I wish someone told me this before. Can you guide how to move existing rental property individually owned to ltd company please without having to pay unnecessary capital gains
I do not think it is legal to claim renting out that table against the profits from the property even if you use the same LTD as the other business you have.
it depends on personal circumstances
I work 7 days a week. and I dream of retiring at the age of 60. and I'm sticking to it .People, just move yours. those who don't believe, let them work full-time and the rest get involved!!!
What about when you want to sell the property or when passing over to the next of kin any issues?
Can I buy an own property with a residential mortgage from myself via a limited company?
Thank you for the video. Can you please tell me if i can start a limited company for renting out, we have already bought 2 houses in our own names. Can i still start a limited company to save taxes on rent.
Great video thanks you Samuel
Hey Samuel coming to the seminar,, Bradford, question so you can Stil get the BRRR on Ltd company ?
Amazing! thanks a lot
Can you deduct the expense from the taxes you have to pay. Or do you deduct the expense from your profits - which means that you don't pay 19% tax on the expense?
Lets say I have a mobile phone which cost £100 ... in the first example I save £100 in the second example I save £19.
Is this similar to self assessment? Claiming expenses ect
There are degrees depending on how many properties and stage in life…and plenty of nuances in between and its absolutely not ‘black & white’ 🤔
I really appreciate your videos, I really can see your a good person to share your knowledge with the world. Humble and amazing person I just wish you more blessing in your life and family
I’m knew to everything I just opened my own business 2020 and still here keeping afloat I’ll need to change the angle I’m approaching things.
Once again I would love to meet you in person as your a busy man I wish you the best
Peace ✌🏾
How do you go around the flat 15% SDLT when buying via a company?
Accountant interview would be good
Hey Sam! Do you recommend any good RUclips channels for Tax education? This would be greatly appreciated 🙏
please do more videos on tax + the accountant!
Please tell me leads could you do a video with your accountant about tax And general stuff in the limited company/private
Do you know any folks based in Canada (interested in Vancouver area but market is similarly insane as London)
Thank you
Thanks Samuel, I watched the video. Would setting up a limited company also be a good idea for a first-time buyer if you wanted your first house to live in and then rent out one or two rooms in the house? I would be grateful if you could clarify? Many thanks
Hi
Great advice and thanks so much.
Just a quick question.
I have a company doing health care business, can I use this company to buy first buy to let or use a separate ltd company?
Many thanks
Thanks 🎉
if you are buying a flat to live in, but will probably become an investment property in 2 years - should you buy in a ltd company? If yes, are you able to live in it or can just rent it?
did u say limited company by guarantee?? or by shares?If it is limited by guarantee-you wont be able to get your profits?
Valuable information.. What if your limited company owns a foreigner who does not hold British citizenship. Can he buy a property to use as a headquarters for his company and or rent the property through the company based in Britain?
do you have to prove the last three years earnings if getting a mortgage through limited company
how can i educate myself more on this topic?
So when you come to sell the house? Corporation tax, tax on dividends?
Which type of company I form
What about when it comes to selling off asset I.e. Property? Isn't there tax on that?
Great energy mate
I’m about to create a LTD company to buy property for BTL. Can you advise me that when incorporating the company WHAT IS the correct wording of the model articles have been incorporated regarding a sole director
So is this the way for me to buy a house ( mortgage) through limited company and let it to myself as a director?😅 I am still paying rent so I thought… is this working like that! Thank you
Great video as always samuel quick question if u set up a company to buy property in and then want to do your course like Sa and hmo via r2r should you then set up another company for this or can it go through same company? Thanks 🙌
Yes it makes sense to have a separate company. You can also claim back 100% of any courses as tax deductible too 😉
Thanks for your quick reply 👊🏼
apparently you can lease a car under your ltd company. you can also loan your company money and charge it what ever percent you like back.
I own a buy to let property under my private name. I can't transfer it over to my Ltd company as I still have a mortgage, but can I put the rent I earn through the company and get tax perks as if the property was owned by my Ltd company?
HI samuel can i ask how much will an accountant cost?
yes do interview with your accountant for a vid please
Amazing please do a video with your accountant
Yes please more videos on taxes
can you make a company if you still working for someone else and if so how does that work.
if i make money what the best way to by a house
Thank you very much.
Can you remorage you own property into a new Ltd and then rent the house to yourself???
New to the channel but already loving it. I have a potential deal, my 1st. My question is: What is the best way (legal entity) to buy a single residential property with a view of splitting it into, in this case 3 flats? I was researching single purpose vehicle limited company as a way of reducing SDLT as I don't think I can claim SDLT relief. Thanks in advance and keep putting out some great content. Karl
Can’t you just set up the company via companies house?
Fantastic video.
Please keep this good content up.
Hey bro what if you already have a home
Can you do more videos on tax and can you put your accountant in the next video 📼 please 🙏