Property

[Danny]

Renting is only guna get bigger..if you can manage it it's a good earner..the tax thing wont last 4ever when there see that there need landlords..

The tax things has worked in my favour... I am making bank thanks to that

 

[Danny]

Theres massive changes happening to hmos aswell cant remember what but we did one up for a landlord and he said there were bringing new rules out or sumat

Article 4.... camping down on hmo but they have to give 12 months notice to make an area article 4 so find those areas and then create as many hmo as you can before it comes in

 

[Danny]

Yes there are, article 4, council tax per room, planning permission, fire regs....it's endless...but still highly profitable.

You will struggle to get a hmo in an article r area without jumping through hoops....

 

[Danny]

That not worth hassle to me . If I was to do itni.d want to come out with at least 50. Its do able up here but you need to drop on .

Lots of a little ....

 

[Danny]

I'm penny less but owe nothing and got no bills , everything I earn is for my kids , good luck to everyone who gambles on property , the stress of being in debt is too high for me

Good debt and bad debt... understanding the difference will make you rich.

I have a couple of offices and some land... the offices will get converted to flats in time and easily rented...

The b2l tax is great as it is all in an Ltd company and now that tax does not exist... i actually earn 10% a year on my deposit before i even get a tenant in or the property has gone up in value.

get the best tax advisors you can afford they are literally worth their weight in gold...

 

[Deleted member 40920]

Load of b*ll***s. That's twisting figure to take blame of you useless fucks. It's not worked out how your trying to make it look. Some one else will explain I hope .
Starting to think your in a rented property with ten kids working part time at lidl

Someone else will explain you hope lol because you can't yourself? Just 2 kids that I pay for myself.

You wont do that being a labour supporter... you will have to give all your money to the poor

Afraid not Danny, my earnings far below that of any planned tax hikes

 

[johniosaif]

Been austerity to pay for labour balls up when there was in power..

10 years later and it’s still Labours fault ? The tories are spending to get re elected , they spent the same amount as labour did but shut down police stations , fire brigades , hospitals, councils are broke , stabbings are up , good old tories, couldn’t even leave the EU in 3 years after the vote ,

 

[Mike googlebottom]

c**t
I've gone quiet
smart arsed c**t

Not gone quiet I went to bed you c**t..

 

[Mike googlebottom]

 

[Deleted member 40920]

10 years later and it’s still Labours fault ? The tories are spending to get re elected , they spent the same amount as labour did but shut down police stations , fire brigades , hospitals, councils are broke , stabbings are up , good old tories, couldn’t even leave the EU in 3 years after the vote ,

Haven't you heard mate? It's labours fault we haven't left yet. Not the Tories for calling the referendum with no plan, or calling a GE to strengthen their position only to lose their majority, then to shut down parliament unlawfully, then for Boris to remove the whip from 20 odd MPs, then to throw a paddy when 3 days wasn't enough to debate brexit. It's all labours fault. They can't explain why though, they're hoping someone else will do that

 

[Mike googlebottom]

Good debt and bad debt... understanding the difference will make you rich.

I have a couple of offices and some land... the offices will get converted to flats in time and easily rented...

The b2l tax is great as it is all in an Ltd company and now that tax does not exist... i actually earn 10% a year on my deposit before i even get a tenant in or the property has gone up in value.

get the best tax advisors you can afford they are literally worth their weight in gold...

Danny interesting is the switching over to a etc company thing..could I literally create a new buisness 4 my buy to let's? Would pay corp tax tho would you..I'm going to look into this and ask my accountant

 

[johniosaif]

Haven't you heard mate? It's labours fault we haven't left yet. Not the Tories for calling the referendum with no plan, or calling a GE to strengthen their position only to lose their majority, then to shut down parliament unlawfully, then for Boris to remove the whip from 20 odd MPs, then to throw a paddy when 3 days wasn't enough to debate brexit. It's all labours fault

A paddy ? Who threw him ?

 

[Deleted member 40920]

A paddy ? Who threw him ?

Ha Boris hates the Irish. Threw them under a bus

 

[Mike googlebottom]

Haven't you heard mate? It's labours fault we haven't left yet. Not the Tories for calling the referendum with no plan, or calling a GE to strengthen their position only to lose their majority, then to shut down parliament unlawfully, then for Boris to remove the whip from 20 odd MPs, then to throw a paddy when 3 days wasn't enough to debate brexit. It's all labours fault. They can't explain why though, they're hoping someone else will do that

Cant be having this pollictical bolloxs lads first thing in morning.
Cant we save politics talk 4 sunday night

 

[johniosaif]

A paddy ? Who threw him ?

 

[Mike googlebottom]

Danny interesting is the switching over to a etc company thing..could I literally create a new buisness 4 my buy to let's? Would pay corp tax tho would you..I'm going to look into this and ask my accountant

@Danny I think it's harder to sell aswell when your house is in a buisness,I've tried buying one before and I'm sure there were some strings attached to making a offer etc

 

[johniosaif]

Ha Boris hates the Irish. Threw them under a bus

Where did that expression come from ?

 

[Deleted member 40920]

Cant be having this pollictical bolloxs lads first thing in morning.
Cant we save politics talk 4 sunday night

Fair enough. Every thread ends up like it, I didn't start it, it just annoys me how people chuck a statement out there with no facts behind it whatsoever

 

[johniosaif]

Ha Boris hates the Irish. Threw them under a bus

 

[johniosaif]

We are in the middle of buying a 3 bed in London to do up and let out , £490 k plus the usual , potential for loft , back and side extension, garden office etc

 

[Mike googlebottom]

Fair enough. Every thread ends up like it, I didn't start it, it just annoys me how people chuck a statement out there with no facts behind it whatsoever

f**k knows who started it..it goes hand in hand with the thread topic tbf like..but it's way too early to explain why Corbyns a t**t

 

[Mike googlebottom]

We are in the middle of buying a 3 bed in London to do up and let out , £490 k plus the usual , potential for loft , back and side extension, garden office etc

f**k**g ell that's some serious deposit to put down..could put 4 deposits down on 4 houses down here for that

 

[johniosaif]

f**k**g ell that's some serious deposit to put down..could put 4 deposits down on 4 houses down here for that

That’s a cheap one down here especially with that potential, not cheap to us , my mrs work is mortgages for BARCLAYS

 

[Mike googlebottom]

That’s a cheap one down here especially with that potential, not cheap to us , my mrs work is mortgages for BARCLAYS

Ye there will be alot of scope to add value..suppose even if you spent £50k you would prob make £100k profit in london areas..isnt like that down here..

 

[algeeman]

Not gone quiet I went to bed you c**t..

be quiet you cuunt

 

[Mike googlebottom]

be quiet you cuunt

Who u calling cunnt you cunnt..saying people are lying about owning a few properties is pathetic..its not big and hard and glamorous owning a few buy to let's like chrispy said..you think I'm that sad to lie about owning a few properties!? I've got them for my kids.i had f**k all growing up I'm making sure there wont..dont read the f**k**g thread you tit if your that wound up and jealous

 

[johniosaif]

Ye there will be alot of scope to add value..suppose even if you spent £50k you would prob make £100k profit in london areas..isnt like that down here..

Sales are slow down this way , people are nervous of the uncertainty, it’s a big move for us , a long term investment possibly a home for my 8 year old in years to come when houses could be several million

 

[algeeman]

Who u calling cunnt you cunnt..saying people are lying about owning a few properties is pathetic..its not big and hard and glamorous owning a few buy to let's like chrispy said..you think I'm that sad to lie about owning a few properties!? I've got them for my kids.i had f**k all growing up I'm making sure there wont..dont read the f**k**g thread you tit if your that wound up and jealous

I dont need this shiit today

your in the north
you go and skim it

 

[Mike googlebottom]

I dont need this shiit today

your in the north
you go and skim it
View attachment 42000

Unfortunately algee I'm too far north..and aldi is calling me..yes I'm a peasant who shops at aldi your a sound hardworking guy from what I've read algee just dont say people are lying when got nowt to lie about! Could understand if I said I had 30 houses! I've got a measly 4..its f**k all up north is 4 houses was just giving the thread starter some advice as he asked

 

[Mike googlebottom]

Sales are slow down this way , people are nervous of the uncertainty, it’s a big move for us , a long term investment possibly a home for my 8 year old in years to come when houses could be several million

Only place in uk where house prices are declining is london..that will change tho when all s**t gets sorted and your mate Jeremy finally gets booted into a ditch where he belongs

 

[Zippydragon]

f**k my old boots lads- and lady, I only asked for advice, didn’t think I was starting spreads question time!!!

 

[johniosaif]

Only place in uk where house prices are declining is london..that will change tho when all s**t gets sorted and your mate Jeremy finally gets booted into a ditch where he belongs

Only Boris opted for a ditch , all parties are weak , I wouldn’t trust any of them , jacob reese mug is quiet recently

 

[superspread]

You're a Tory I get that but you take the piss out of labour for national debt and it's increased by 1 trillion in the last 9 years. At least acknowledge that

@Mike googlebottom, totally agree with you
These labour cu nts seem to forget that when the conservatives took
Over from labour , there was a note saying “ all the money was gone” !!!! So there’s your answer!!!

 

[superspread]

Nah it wont... get it in Ltd company.... remember all the wealthy people have property whatever happens there is always a way round it... there will always be a rental market

It’s not that easy , they will hit u for tax either way , don’t think putting it in a ltd company yiur gonna escape anything

 

[johniosaif]

@Mike googlebottom, totally agree with you
These labour cu nts seem to forget that when the conservatives took
Over from labour , there was a note saying “ all the money was gone” !!!! So there’s your answer!!!

You believe the tories ?