A limited company has benefits, as it may not effect your personal tax bracket. You have other benefits too, when the property is owned by a limited company.
However if you have only one property, it does depend on the income from that property, to calculate if the admin cost of a limited company makes it viable.
A limited company is the way to do it. True because you have one property will it be worth it setting up a company for just one property. The cost of the company etc may not be worth the hassle. unless you were thinking of buying more property?
Please login or Register to submit your answer