In this episode of the Property Investors Podcast, hosts Russell and Anna Leeds discuss how landlords can significantly boost their buy-to-let property profits. Featuring success stories from students like Jag, who turned a £200 monthly profit into £1,600 by implementing strategic changes. Topics covered include the impact of tax laws on buy-to-let, the importance of reassessing rents, cutting costs, renovating properties, exploring serviced accommodation, improving property management, leveraging positive networks, and considering remortgaging. Whether you're a seasoned landlord or just starting in property investment, this episode offers actionable insights to help you achieve financial freedom.
Time Stamps
00:00 Introduction to Boosting Buy-to-Let Profits
00:48 Challenges Faced by Landlords
01:56 Defining Financial Freedom
04:58 Strategies to Increase Rental Income
06:07 Reassessing Rent: Pros and Cons
14:23 Reducing Expenses to Maximize Profits
18:18 Renovating Properties for Higher Returns
19:37 The Impact of Property Aesthetics on Rent
19:45 Challenges of Renting and Renovating
20:38 Tenant-Landlord Disputes Over Property Changes
22:43 The Importance of Property Condition for Renters
23:44 Switching to Serviced Accommodation for Higher Profits
27:59 Effective Property Management Strategies
33:20 Leveraging Networks and Remortgaging for Property Success
36:10 Conclusion and Final Thoughts
For more information on how you can get started in property investing, click here: https://linktr.ee/russellleeds
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36:31
74: Government Leasehold Ban: It'll Make Me £thousands!
In this episode of the Property Investors Podcast, Russell and Anna Leeds dive into the exciting and lucrative topic of lease extensions. Discover how you can add significant value to your property without refurbishing it, simply by extending the lease. With laws changing and common hold set to replace leasehold in the future, now is the perfect time to take advantage of this opportunity. Learn the differences between leasehold and freehold, the impact of short leases on property value, and the upcoming changes that will benefit property investors. Don't miss out on this chance to make substantial profits and elevate your property portfolio.
Time Stamps
00:00 Introduction to Adding Property Value Without Refurbishment
00:49 Understanding Leasehold vs Freehold
03:05 The Pitfalls of Leasehold Properties
06:11 Upcoming Changes in Leasehold Laws
08:00 How to Benefit from Lease Extensions
09:39 Challenges and Solutions in Lease Extensions
11:44 Marriage Value and Its Implications
13:09 Marriage Value Clause Explained
13:53 Upcoming Changes to Lease Extensions
15:17 Case Study: Elijah's Property Deal
18:03 Commonhold Rules and Their Impact
18:59 Challenges of Commonhold Management
26:08 Opportunities with Short Leases
26:49 Conclusion and Call to Action
For more information on how you can get started in property investing, click here
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27:24
73: Accountant Reveals HMRC's Dirty Trick!
In this episode, Russell and Anna Leeds, joined by Chartered Accountant Tim Gray, discuss the recent aggressive moves by HMRC against rent-to-rent landlords, focusing particularly on VAT implications. They explore the VAT situation involving the TOMs scheme and HMRC's actions against companies like Sonder. The conversation covers the financial impact of VAT on service accommodation businesses, the intricacies of the TOMs scheme, and potential changes in taxation rules. They also discuss council tax hikes for second homes and service accommodations, potential strategies for business classification, and the broader implications for landlords. Tune in to stay informed about these critical tax issues and learn how to navigate the evolving financial landscape.
Time Stamps
00:00 Introduction to HMRC's Focus on Rent to Rent Landlords
00:20 The VAT Situation with HMRC and Sonder
03:06 Understanding the Tour Operators Margin Scheme (TOMS)
10:42 Council Tax Changes and Their Impact on Rent to Rent
16:12 Creative Solutions for Business Growth
17:02 Navigating VAT in Business
19:58 Council Tax Challenges
22:34 HMRC and Service Accommodation
25:19 Tax Strategies of Big Corporations
29:48 Concluding Thoughts and Future Updates
To learn more about property click https://linktr.ee/russellleeds
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30:31
72: Stop Buying Property in a Limited Company! Bad Advice?
For more information on how you can get started in property investing, click here: https://www.property-investors.co.uk
In this episode of the Property Investors Podcast, hosts Russell and Anna Leeds dive into the debate of whether you should buy property in your personal name or through a limited company. They discuss the implications of Section 24, tax considerations, refinancing benefits, and the pros and cons of both approaches. They emphasize that the best choice depends on individual circumstances and property goals. The episode also touches on interest rate differences, anonymization benefits, and the impact of ownership structure on joint ventures.
Timestamps
00:00 Introduction: Personal vs. Limited Company Property Ownership
00:17 The Debate: Strong Opinions on Property Ownership
00:52 The Key Question: Personal Name or Limited Company?
02:03 Exploring Section 24 and Its Impact
04:32 Tax Implications and Strategies
07:35 Advantages of Limited Company Ownership
13:07 Joint Property Ventures: Personal Names vs. Companies
13:36 Benefits of Buying Property in Personal Names
14:50 Refinancing: Personal Names vs. Companies
15:51 Interest Rates and Mortgage Comparisons
17:16 Making the Right Choice: Personal vs. Limited Company
18:20 Navigating Property Rules and Regulations
19:47 Finding Great Property Deals
21:21 Exploring Property Investment Strategies
21:38 HMO vs. Service Accommodation: Which is Better?
22:32 HMO Market Insights and Challenges
26:09 Conclusion and Final Thoughts---
Send your questions/suggestions to: [email protected]
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26:31
71: How to Earn £100,000 a Year and Pay Zero Taxes!
In this episode, Russell and Anna Leeds explore the various tax-efficient strategies and loopholes that property investors can use to maximise their earnings while minimising their tax liability in the UK. They discuss the appeal of moving to tax havens like Dubai but provide practical tips for staying in the UK and legally reducing your tax bill. Key topics include leveraging property refinancing, understanding tax-deductible expenses, and taking advantage of salary structures for family members.
To learn more about property investing - Click Here
Timestamps
00:00 Introduction to Tax-Free Property Investment
00:15 Dubai for Tax-Free Living
02:04 Tax-Free Property Investment Strategies in the UK
05:04 Refinancing Property for Tax-Free Cash
07:20 Claiming Costs to Reduce Taxable Income
09:18 Personal vs. Company Property Ownership
12:03 Tax Benefits of Owning Property in a Limited Company
13:04 Salary Tips for Property Company Owners
13:34 Paying Your Kids: A Tax-Free Strategy
15:52 Home Office Expenses: Maximizing Deductions
17:09 Travel Costs: Deductible Business Trips
19:13 Training Expenses: Investing in Knowledge
23:13 Pension Contributions: Tax-Free Savings
26:15 Final Thoughts and Tips
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Welcome to the Property Investors Podcast, a light-hearted and opinionated podcast for aspiring and experienced property investors alike. Join our charismatic hosts, Russell and Anna Leeds, as they share their insights, experiences and humour in the world of property investment. Get ready for no-holds-barred discussions and debates on topics ranging from getting started in property investing, entrepreneurship and personal development.
Each episode offers actionable advice, thought-provoking perspectives, and real-life stories that weave together the threads of property investment and personal growth. With their unique blend of expertise and wit, Russell and Anna guide listeners through a dynamic entrepreneurial journey, shedding light on the opportunities, challenges, and triumphs along the way.
Whether you're a beginner dipping your toes into the property investing waters or a seasoned professional seeking fresh ideas and inspiration, the Property Investors Podcast is your go-to podcast for becoming a prosperous investor and a self-empowered individual. So, tune in and join the fun as our passionate and vibrant duo take you on a whirlwind adventure of property investment, entrepreneurship and self-improvement.