Are holiday lets the best property strategy after COVID19?

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Are holiday lets the best property strategy after COVID19?

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In this episode we discussed the following topics

▶ What are the financial benefits of running a furnished holiday let? Also known as serviced accommodation.
▶ How do you run and manage a furnished holiday let?
▶ What are the tax considerations of running a furnished holiday let business?
▶ How much more money can you make on a holiday let compared to a standard buy to let property?
▶ Are the mortgage interest rates on a furnished holiday lets more than the mortgage interest rates for a single let property or a house of multiple occupation (HMO)?
▶ Does Section 24 affect furnished holiday lets and can you offset all of the mortgage interest costs against your rental income?
▶ What are the Capital Gains Tax (CGT) benefits of selling a furnished holiday let? What does CGT rollover mean?
▶ What are the downsides to running a furnished holiday let?


#PropertyExpertPanel #Property #BuyToLet

On the expert panel we had:

Bronwen Vearncombe - Mentor/Coach - https://bit.ly/3gyympG
Simon Misiewicz - Tax Specialist - https://bit.ly/3f3zhOk
Tim Bishop – Solicitor - https://bit.ly/2ZHp3g9
Jenny Mulholland - Letting agent - https://bit.ly/2Z2MwsX
Simon Hodgson - Mortgage Broker - https://bit.ly/2D8gZ0e
Paul Hilliard - LNPG buyers consortium - https://bit.ly/3fgTiAY
Teresa Kaczmarek - National Residential Landlords Association - https://bit.ly/38TPQtU - Use code 123 to get a discount