STOP Paying Too Much Tax In Your Property Business!

STOP Paying Too Much Tax In Your Property Business!

Author: Kevin McDonnell November 19, 2024 Duration: 26:17
FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Let https://bit.ly/BUYTOLETPOD In this episode of the Progressive Property Podcast, Kevin discusses everyone’s most hated topic, Tax! There are new tax changes incoming, and here is what you need to know. Do not fear, there have always been tax changes and people have ALWAYS made money, the key is to roll with the punches and listen to Kevin’s top tips so that you can make the most of your money! Discover how tens of thousands of ordinary brits are quietly getting rich with minimum investment!bit.ly/Podcast-MSOPI KEY TAKEAWAYS  Run your investment property as serviced accommodation to avoid paying tax on your interest only mortgage! Turn your properties into a limited company to get access to incorporation relief. (You will still have to pay stamp duty) STOP PAYING TOO MUCH TAX by getting a tax advisor instead of an accountant. If you run a business (and property is a business) make sure you claim for all of your deductible expenses before tax! If you’re investing in a property to rent, look for properties with happy, paying tenants already in it. That way, you don’t have to risk finding potentially rubbish tenants yourself! BEST MOMENTS  “There have always been tax changes from the government, and people have ALWAYS made and lost money, the key is to roll with the punches” “Accountants are tax collectors for the government, get a Tax Advisor instead!” VALUABLE RESOURCES https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk  ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

Hosted by investor and educator Kevin McDonnell, The Progressive Property Podcast is a regular source of actionable strategies for navigating the UK property market. This isn't about generic theory; it’s a practical resource dissecting the methods that work for building a portfolio, from foundational principles to advanced scaling techniques. You’ll hear detailed discussions on buy-to-let, flipping properties, and creative strategies like deal packaging, all aimed at constructing multiple streams of property income. The focus is on leveraging knowledge-and often other people's capital-to build assets, emphasising how to move forward effectively even if your own starting capital is limited. Each episode is designed to condense years of experience, helping you avoid common pitfalls and make informed, strategic decisions that save both time and money. For anyone serious about property investment, from taking the first step to systematising a large-scale operation, this podcast serves as a direct line to the nuanced knowledge required for long-term financial freedom. Tune in for candid conversations that cut through the noise, offering the specific skills and confidence needed to progress in the complex world of real estate investment.
Author: Language: en-gb Episodes: 100

The Progressive Property Podcast
Podcast Episodes
Anyone Can be a Progressive Property Network Host with Mike Chadwick [not-audio_url] [/not-audio_url]

Duration: 18:13
Kev is joined by Mike Chadwick in this episode who has been part of the progressive property network for 10 years! Mike talks to Kev about what his journey has looked like and what he has planned for the future. He also…
How to Avoid Nightmare Tenants [not-audio_url] [/not-audio_url]

Duration: 29:29
Kevin and his team share the various tenant issues they have had over the years. They talk about how to defend yourself against bad tenants including why referencing isn’t always enough and reveal the worst tenants they…
Why the UK Recession is Good News for Property Investors [not-audio_url] [/not-audio_url]

Duration: 15:03
The UK is officially in a recession. In this episode, Kev talks about the news and how it may impact you as a property investor. He discusses what might happen with interest rates, the opportunities and creative techniqu…
Title Splitting Masterclass with Rachel Knight [not-audio_url] [/not-audio_url]

Duration: 36:06
Join Kev as he talks to title-splitting expert Rachel Knight. Rachel talks through the implications of the recent announcements by the government that will release positive opportunities for property investors. She also…
How to Flip a House: A Beginners Guide with Scott Wroe [not-audio_url] [/not-audio_url]

Duration: 27:06
Kev is joined by social media expert and property investor Scott Wroe in this episode. They talk about strategies anyone can follow to flip houses as well as the unique ways you can leverage social media in your property…
EVICT EVERYONE! The Newest Government SOLUTION to the Housing Crisis [not-audio_url] [/not-audio_url]

Duration: 17:27
Kevin discusses the newest government idea to solve the housing crisis – to evict everyone! Kevin talks about latest government press release around social housing and gives his educated opinions and thoughts on the poli…
How to Create Wealth Through Property [not-audio_url] [/not-audio_url]

Duration: 52:19
Kevin joins Jessen James on the Mind Over Money podcast to talk about the power of property investing itself, as well as his own personal journey in business, and the part that mind-set has played in his incredible rise…

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