Establishing a positive and reliable cash flow from a property requires astute financial management and access to funding. It’s crucial to properly structure a deal to attain the best results. This is why it’s always prudent to hire property accountants whether you’re a landlord, a developer, a contractor, or an agent.
The best property accountants in London have in-depth knowledge in a wide range of property investment matters. They work with individuals, companies, and trusts in the residential and commercial sector. They can assist and advise you on matters like the following:
Structuring a Deal
You can rely on good property accountants to provide advice on structuring property assets and investments. They can help you determine the best way to finance a project and tell you what tax methods are the most efficient (and most commercially sensible) for your case. Some accountants have a special focus on fundraising; they can advise you on different funding options.
VAT and Property Tax
From planning for taxes to dispute resolution to maximising tax recovery, property accountants can help you stay compliant with all tax laws while ensuring that you are not overpaying. They stay up to date on any changes to property-related tax regulations and can regularly inform you of developments.
Sale and Leaseback Agreements
Do you need to release cash that is currently tied up in your real estate assets? Consulting with property accountants is the best way to understand this strategy and assess if it’s right for you.
Tax Mitigation
Before you invest in, lease out, or sell a property, it’s a good idea to speak with a property accountant who can give you expert advice on the tax implications of your plan and what measures should be put in place to protect your best interest. If you are a landlord, an accountant can help you maximise tax reliefs that are available to people like you, among many other things.