Rental Property
Dottie
Registered Posts: 99 Regular contributor ⭐
My client has bought a property in the USA which he plans to rent out. He has asked me whether there would be any advantages if he transferred it to the limited company of which he is a director. Can anyone help?
Thanks in advance.
Dottie
Thanks in advance.
Dottie
0
Comments
-
This isn't my area of expertise however I can't think of any advantages and a few disadvantages - namely the capital gains issue on sale.0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 357 NEW! Qualifications 2022
- 172 General Qualifications 2022 discussion
- 15 AAT Level 2 Certificate in Accounting
- 65 AAT Level 3 Diploma in Accounting
- 98 AAT Level 4 Diploma in Professional Accounting
- 8.9K For accounting professionals
- 23 coronavirus (Covid-19)
- 273 VAT
- 93 Software
- 275 Tax
- 139 Bookkeeping
- 7.2K General accounting discussion
- 206 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 586 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership