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
Replacing my 45k Teaching Job with ONE Deal | Sean Fitzpatrick [not-audio_url] [/not-audio_url]

Duration: 24:47
Sean Fitzpatrick joins Kev to talk about what he has been doing on his property investment journey. He shares why one deal was enough for him to quit his job, and the value of the Progressive community and talks about wh…
The 3 Biggest Mistakes I have Made in Property [not-audio_url] [/not-audio_url]

Duration: 16:52
Kevin shares the 3 biggest mistakes he has made on his property journey, so you don’t have to make the same mistakes he did! Kevin talks about why he made these mistakes, what you can do to avoid them and talks about wha…
The Mid-Year Kickstart – 7 Steps to Start Your Property Journey NOW [not-audio_url] [/not-audio_url]

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At the halfway point of 2024, Kev gives a mid-year kickstart and talks about 7 steps you can take to start your property journey now. If you haven’t started your journey this year, or you’re feeling behind, this will hel…
Building a Brighter Future with Tricia Crocker [not-audio_url] [/not-audio_url]

Duration: 27:06
Join Kevin as he interviews Tricia Crocker, a property investor who's made remarkable progress in just 18 months. Discover how Tricia went from juggling multiple jobs to successfully managing rent-to-rent properties and…
7 Estate & Letting Agent Hacks You NEED To Know [not-audio_url] [/not-audio_url]

Duration: 37:33
‘Overall estate agents are good at helping you to get the best deal, but they are also great at ensuring the best deal for themselves’ In this fascinating episode, Kevin shares 7 tricks that are vital for anyone who is a…
No Money? No Problem! Kicking Off Your Property Empire [not-audio_url] [/not-audio_url]

Duration: 30:35
Kevin shares his expertise on starting a property empire with no money down. He challenges conventional wisdom, debunks common excuses, and reveals how anyone can kickstart their property journey, regardless of their fin…
The Rollercoaster Journey of Life and Property with Jamie Brookes [not-audio_url] [/not-audio_url]

Duration: 24:49
Jamie joins Kevin on the podcast to talk about what prompted him to change his life and start investing in property. He shares the knowledge that has helped him build and grow his portfolio and also reveals why buy-to-le…
Election Special - Can they secure Investors Votes on July 4th? [not-audio_url] [/not-audio_url]

Duration: 29:50
Kevin shares his candid views on the upcoming UK election. For the first time ever, Kevin reveals he will be voting Conservative, explaining his reasoning and urging listeners to carefully consider their vote. With a pot…