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  • Profile photo of DogherDogher
    Participant
    @dogher
    Join Date: 2021
    Post Count: 0

    There are several ways to use the income from your business (company A) to buy property in another company or trust (company/trust B).

    Here are a few options to consider:

    Dividends: You can pay yourself dividends from company A and then use the after-tax income to purchase the property through company/trust B. However, keep in mind that dividends are subject to tax and may not be tax-efficient.

    Director’s Loan: As a director of company A, you can loan funds to company/trust B to purchase the property. The loan should be documented and should have a repayment plan with interest. Keep in mind that there may be tax implications if the loan is not repaid within a certain time frame.

    Equity Investment: Company A can make an equity investment in company/trust B, which can be used to purchase the property. This would involve issuing new shares or purchasing existing shares in company/trust B. This option can have tax benefits and may also offer better asset protection.

    Debt Financing: Company/trust B can borrow funds from a bank or financial institution to purchase the property. Company A can act as a guarantor for the loan, which can offer tax benefits and may also provide better asset protection.

    As you can see there are many options on how you can do that, the most important part is to actually gain money for all of that. If it’s not a secret, how do you make money? Thanks in advance for your answer.

    I am just considering right now trying all the sources, including trading on forex, to finally invest in properties.

    • This reply was modified 1 year, 6 months ago by Profile photo of Dogher Dogher.
    • This reply was modified 1 year, 6 months ago by Profile photo of Benny Benny. Reason: Improving layout for ease of reading
    Profile photo of DogherDogher
    Participant
    @dogher
    Join Date: 2021
    Post Count: 0

    Congratulations on taking the first step in your property investment journey! It’s great to see that you are already thinking about your next investment property.

    In terms of keeping up with the repayments, it’s important to make sure that you have a solid financial plan in place. This includes budgeting for your expenses, setting aside funds for unexpected costs, and ensuring that you have a sufficient cash reserve for any potential cash flow issues.

    One strategy that investors use to continue purchasing investment properties is leveraging equity. As you mentioned, you plan to use the equity from your second home to finance your third property. This is a common strategy that can help you maximize your purchasing power and grow your investment portfolio.

    However, it’s important to keep in mind that leveraging can also increase your financial risk, particularly if property values decline or interest rates rise. It’s crucial to make sure that you can comfortably afford the repayments and have a backup plan in case of any unexpected changes in the market.

    Another important consideration is to ensure that you are purchasing investment properties that generate positive cash flow. This means that the rental income exceeds the expenses, including mortgage repayments, property management fees, repairs, and maintenance costs. Positive cash flow properties can help you build wealth over time and provide a buffer against any potential cash flow issues.

    Overall, property investment can be a great way to build wealth and achieve financial freedom, but it’s important to approach it with caution and a solid financial plan. Best of luck with your investment journey!

    Profile photo of DogherDogher
    Participant
    @dogher
    Join Date: 2021
    Post Count: 0

    This would be useful for some tourists or students who would like to visit the UK but don’t want to stay in hotels.

    Profile photo of DogherDogher
    Participant
    @dogher
    Join Date: 2021
    Post Count: 0

    I remember one website with accountants who offer their services in an online format, can advise you. I don’t really remember, since I used them a long time ago, but they were called gorillaccountig. Try searching online for them.

    Profile photo of DogherDogher
    Participant
    @dogher
    Join Date: 2021
    Post Count: 0

    It turns out that it was necessary to go to Singapore to apply for a mortgage.

    Profile photo of DogherDogher
    Participant
    @dogher
    Join Date: 2021
    Post Count: 0

    it’s important to remember that futures margin trading is a highly volatile and risky activity, and it can lead to significant losses if not done with caution and proper risk management. While it’s true that there can be opportunities to earn good returns, it’s essential to understand the risks involved and to have a solid understanding of the market and trading strategies.

Viewing 6 posts - 1 through 6 (of 6 total)