For new HMO investments, how does Section 24 specifically influence my profitability calculations and what structure (e.g., individual vs. limited company) is proving most tax-efficient post-Section 24 for multi-let properties?
Quick Answer
Section 24 prevents individual landlords from deducting mortgage interest for tax purposes, making limited companies more tax-efficient for new HMO multi-let properties due to deductible interest and corporation tax benefits.
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Discover how Section 24 affects HMO profitability and why a limited company is usually more tax-efficient for new multi-let property investments in the UK.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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