I own three buy-to-let properties personally. Should I consider incorporating a limited company to mitigate the ongoing impact of Section 24, and what are the pros and cons I need to weigh up?
Quick Answer
Moving your buy-to-let properties into a limited company can offset Section 24, allowing full mortgage interest deduction. Weigh this against setup costs, CGT on transfer, and administrative responsibilities.
About This Topic
Weigh the pros and cons of incorporating your UK buy-to-let portfolio to mitigate Section 24. Understand CGT, SDLT, and tax benefits.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
Expert Guidance from Steven Potter
Steven Potter is a UK property investment coach with a £1.5M portfolio and over 5 years of hands-on experience. He has helped over 1,000 students achieve their property investment goals through practical, ethical strategies.
Ready to Take Action?
Get personalised property investment coaching with Steven Potter's Property Freedom Framework.
Learn about the Property Freedom Framework