Gloucestershire September 2024 Meeting

Tax and the Landlord - Unlocking Tax planning secrets for landlords - Waseem Herwitker 

Investing in property can be very rewarding over the long term however, without proper planning, the tax implications in particular can be punitive. Property investing for the most part has and continues to be a popular investment vehicle of choice; Why? Because people understand property. Everyone needs somewhere to live!!! 

In 2017, things changed immensely with the introduction of section 24, that is when it was no longer to offset mortgage interest against rental income for property held in your personal name.

In this 25 minute presentation, drawing from his own personal experience in property investing and from his professional work with property investors, Waseem will share with you invaluable considerations when investing property and strategies to help maximise tax planning opportunities.

During this presentation, you will learn about:

• The main taxes that will influence your property purchase decisions;
• The tax consequences of holding property in your own name vs a limited company;
• Strategies to structure your investments for optimal tax advantages, allowing you to create a solid foundation for long-term wealth accumulation;
• Alternative investment structures and wrappers to maximise tax planning opportunities;
• How you can plan your legacy more effectively.

Don't let tax planning become an afterthought. unlock the secrets of smart tax planning for landlords and elevate your property investment game. Whether you're an experienced investor or new to property investing, at the end of the presentation, you will have the knowledge to much better navigate the world of property investing and maximise your returns for yourself and your loved ones.

ALSO...De-risking a development project and JV partnerships - Shane Duff

As a former professional footballer who transitioned into property investment, Shane has spent the last 12 years building a successful career in property development. His journey began when his football career ended abruptly at 29 years of age. He wasn’t good enough to be on a firm financial footing and have any financial security.  Today, he has 12 years of property experience and has been utilising joint ventures for the past 6 years. In those 6 years he has been involved in projects valued at over £22.5 million.

By leveraging joint venture partnerships, he combines his skills with those of his partners to mitigate risks and enhance project outcomes. 

During his presentation Shane will focus on leveraging joint ventures, structuring deals to minimise risks, and understanding the inherent risks in property development ….. which there are many.

Scaling up can be challenging and risky, sometimes partnership with others with the correct skill set and mindset can be rewarding in many ways.