This time next year, who knows where you will be

What you will be doing

If you will be in good health or ill health

This time last year, I stood in the Saudi Arabian desert at sun rise

I did not think that at the same time this year I would be looking out over the beach in

Phuket at sun rise

Has the year been successful? Did I move the needle? Progress my future life? Questions.

That trip last year was a close to a record for me in terms of travel time - Sydney, Dubai,

Doha, Riyadh, NEOM/Tabuk, Riyadh, Dubai, Sydney… in the space of 6 days

Another record that has been hit last year….

66,500 UK companies were set up for the purpose of holding UK buy to lets

Thats up 8% on the year before

And 340% on 10 years ago

Why?

Tax efficiency.

Because buy to let as we know, it is dead

Gone are the days of accidental landlords, buying any property and having growth and

cash flow positivity

To be successful now you must be a professional

Use a company structure, buy well, target yield and growth

Yes, the new era of buy to let looks different, but you can still make money, and have

success

But you must do it right, just like the 66,500 people last year that set up companies

Simple ‘back of napkin’ workings below….

Tax in the instance on the left is GBP4,800…. Profit left it GBP1,200

Tax in the instance on the right is GBP1,800… profit is GBP4,8000

Thanks,

Callum

This time next year, Rodney...

Planting a tree...