I'm looking to acquire my first buy-to-let. What are the practical steps and hidden costs involved in setting up and running a limited company for a single BTL property, and how do they compare to owning personally for a beginner investor?
Quick Answer
Owning a single BTL through a limited company offers tax benefits like deductible mortgage interest but adds setup and running costs. Personal ownership is simpler for beginners; weigh the tax benefits against increased administrative and financial burdens.
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Owning a single BTL through a limited company offers tax benefits like deductible mortgage interest but adds setup and running costs. Personal ownership is simp
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