what is the most bullet-proof method of doing this (renting out your propert when overseas), transfer the propert to a company created for that purpose, get said company to pay the mortgage/recieve rent etc? Or is that a ridiculous suggestion?
My assumption would be that you could set rents just below outgoings in order to neutralise any capital gains/income issues related to tax?
what is the most bullet-proof method of doing this (renting out your propert when overseas), transfer the propert to a company created for that purpose, get said company to pay the mortgage/recieve rent etc? Or is that a ridiculous suggestion?
My assumption would be that you could set rents just below outgoings in order to neutralise any capital gains/income issues related to tax?