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Buying IP's as a company
Paul and Iggy_Type_R, thank you for the info. I would like to find out more about this, could you recommend some literature or any other sources.- h8dk97
- Post #6
- Forum: Accounting and Tax
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Buying IP's as a company
Hi Iggy_Type_R, Could you tell me a little more about it. If you sell within 12 months after settlement you don't need to pay CGT? would it make any difference if your company was trading in other industry as well as RE? What are other advantages of running a company for investing/reselling...- h8dk97
- Post #3
- Forum: Accounting and Tax
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Buying IP's as a company
Hi, What are the advantages of buying/selling investment properties as a company not as an individual? My understanding is that the good things about it are: no personal liability, only %30 income tax, not sure about CGT I think it's three thirds of the capital gain? Any ideas? is...- h8dk97
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- Replies: 7
- Forum: Accounting and Tax