hi there,
We are in the process of setting up our financial structure to start investing in rental properties. We've had discussions with several Accountants, all of them advising another strategy: one advised a trust, one a LTC and another one a Company.
This got my quite confused....
We are in the process of setting up a trust to protect our family home, to protect this. There is no bank involved for our family home.
We would get a 'revolving credit' type loan to get money from bank A to use as deposits to buy property by getting mortgages from Bank B, C, D, E. Eventually we would like to build up to having about 4 rental properties.
I would be very interested what your opinion would be of the financial structure to get, especially with the changes around ring fencing losses that will come into play from about April 2019.
Thanks for helping!!! Really appreciate advice
We are in the process of setting up our financial structure to start investing in rental properties. We've had discussions with several Accountants, all of them advising another strategy: one advised a trust, one a LTC and another one a Company.
This got my quite confused....
We are in the process of setting up a trust to protect our family home, to protect this. There is no bank involved for our family home.
We would get a 'revolving credit' type loan to get money from bank A to use as deposits to buy property by getting mortgages from Bank B, C, D, E. Eventually we would like to build up to having about 4 rental properties.
I would be very interested what your opinion would be of the financial structure to get, especially with the changes around ring fencing losses that will come into play from about April 2019.
Thanks for helping!!! Really appreciate advice
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