101 Landlords Tax Questions Answered

Buy-to-let landlords: Get all your tax-saving questions answered.

101 Landlords Tax Questions Answered provides answers to all your property tax questions and reveals the latest ways you can avoid landlord taxes.

With tax rules often changing and an array of taxes being levied on the landlord, it’s hard to keep track on what landlord taxes you need to pay, how much property tax you need to pay and when.

From the author of How to Avoid Landlord Taxes , tax expert Arthur Weller answers all your property tax questions on:

• Capital gains tax
• Buy-to-let tax
• Property development tax
• Transferring/gifting tax
• Inheritance tax
• And much, much more...

Need an answer to a property tax question? This indispensable tax guide gives you quick, digestible answers to practically all your landlord tax questions, including:

• What expenses can I offset against my property rental income?
• Can I claim private letting relief if I haven’t lived in the property?
• Can I offset property losses against my other earned income?
• Can I lease my commercial property to my limited company to save tax?
• Can I claim unused capital gains tax for previous years?
• Can my mother gift the proceeds of sale and live rent-free?
• Can I claim my costs for re-mortgaging?
• Can I offset a loan from my husband against my rental income?
• Can I maximise tax relief by grouping the value of my property portfolio together?

Presented in bite-size question-and-answer format, Landlords Tax Questions Answered includes property tax-saving tips from the "pay less tax" experts and gives you the landlord knowledge to help you save money and avoid landlord taxes.

Download your guide NOW and learn how you can pay less landlord tax today!

101 Landlords Tax Questions Answered: Contents

1. What expenses can I offset against my property rental income?
2. Can I switch my property with my spouse if they are a lower rate taxpayer?
3. Can I claim private letting relief if I have not lived in the property? 
4. Is any property tax due for an unemployed person?
5. What is my stamp duty liability? 
6. What is the maximum amount of landlord tax I will pay on a property? 
7. Can I defer capital gains tax?
8. I am a pensioner; do I still need to pay landlord tax on my property profits?
9. Can I change my ‘intention’ to help reduce my property tax bill?
10. What is the most tax efficient way to take out a mortgage?
11. What is rent-a-room relief? 
12. I am forced to rent. Can I offset the rent I am charged?
13. What is my inheritance tax liability? 
14. Can I offset property losses against my other earned income?
15. Is property now classed as ‘business income’? 
16. Is there a limit to the amount that can be claimed as ‘tax relief’? 
17. Can I offset the cost of buying a vehicle? 
18. What capital gains tax liability for property that is partly principal private residence relief (PPR)?
19. Can this interest be claimed as a business expense?
20. Should I move into my previously rented out property? 
21. Can I offset money I paid to the tenant to leave my property?
22. Can I select a property as my PPR if I haven’t lived in it?
23. What is my tax treatment for a flat conversion? 
24. Should I contact the HMRC myself or wait for them to contact me?
25. Is there a tax efficient way to make gifts?
26. Can I offset the loss incurred in year two against income earned? 
27. Is there a difference when offsetting interest? 
28. Can I offset the cost for extending the property lease?
29. Can I give a family member a financial gift? 
30. Is there any property tax if I keep my rental income in Dubai? 
31. How do you 'gift a property in stages' to use annual capital gains tax exemptions?
32. How will a discretionary trust reduce the inheritance tax liability?
33. Can I avoid capital gains tax by sending sales proceeds to the Isle of Man? 
34. Is letting relief restricted to the upper limit of £40,000 per property? 
35. Can losses from property income be offset against ‘other income’? 
36. Can I increase borrowing to minimise or avoid capital gains tax?
37. Do I pay capital gains tax if I build two apartments within my PPR residence? 
38. Can I receive the rental income in my wife’s name? 
39. Can we save property tax by buying in our children’s names? 
40. Can I lease my commercial property to my limited company to save tax? 
41. I’m starting a property development business – should I incorporate?
42. I helped out my penniless brother, but will I be able to avoid capital gains tax?
43. How can I transfer property to my children and avoid capital gains tax?
44. Can my mother gift the proceeds of sale and live rent-free?
45. Will I pay capital gains tax or income tax? 
46. Will rent-a-room relief impact my planned buy-to-let purchase? 
47. How do I avoid landlord tax when converting a property into two dwellings? 
48. Can interest incurred in financing a development be offset? 
49. Can I avoid landlord tax by setting up a company to sell and leaseback furniture/furnishings for my buy-to-let properties?
50. Can I claim the cost of replacement kitchens for my buy-to-let property?
51. Is there capital gains tax due on a property purchased for my mother? 
52. Can I buy property for a child under the age of 18? 
53. Is there any property tax if I sell land that forms part of garden?
54. Can my client re-arrange his affairs to offset interest? 
55. If I die, will inheritance tax be due immediately? 
56. What is private letting relief? 
57. How do I minimise my children's inheritance tax on a property?
58. If I give a rented property to my child, what tax does she have to pay now and if she sells the property in the future?
59. What property tax do I pay if I immediately sell an inherited property? 
60. When do I pay my landlord tax if I have sold a property?
61. Can my partner and I merge our buy-to-let portfolio and split the income 50:50?
62. Is it worth my property company being registered for VAT?
63. How will a cashback offer affect my future capital gains tax?
64. How do I handle general portfolio costs?
65. Can I bring my undeclared loss forward? 
66. Is there any landlord tax if I sell my rented home?
67. I rent storage. Can I offset the costs?
68. Should I claim costs as ‘revenue costs’?
69. I am having my windows replaced, can I offset the cost as a ‘revenue cost’ or ‘capital cost’?
70. Can I claim my costs for remortgaging?
71. Are mortgage broker fees and mortgage lender's arrangement fees of a 'capital' or 'revenue' nature?
72. How do I switch between 10% wear & tear allowance and 'renewals'?
73. Can I use the 10% wear and tear allowance? 
74. Should I declare my rental losses? 
75. How can I avoid inheritance tax? 
76. Do I need to have receipts? 
77. At what rate do my inheritors pay inheritance tax?
78. What is the easiest way to avoid capital gains tax?
79. Can I offset costs if I have lived in the buy-to-let property? 
80. I have only used part of my capital gains tax allowance, so can I use it again? 
81. How do I use my capital gains tax allowance on the sale of a new build?
82. How do I remortgage a property after buying it with cash?
83. How do I offset the cost of a £5,000 property seminar?
84. How long must I live in a property before I get private residence relief?
85. Am I eligible for private residence relief?
86. Should I declare a non 50:50 property ownership split to the HMRC?
87. Is there any stamp duty if I swap properties?
88. My property is part residential and part business; can I claim PPR relief?
89. Can my mother gift the proceeds of sale to her children and live rent-free? 
90. Is it legal to sell a property to my daughter below market value to try to avoid property taxes?
91. Can I claim unused capital gains tax for previous years? 
92. Can I claim property tax relief on drawdown money held in a bank account? 
93. Can I offset interest repayments when borrowing money from a relative? 
94. Can I offset the loss incurred in year two against income earned in year one? 
95. Can I maximise landlord tax relief by grouping the value of my portfolio together?
96. If my brother-in-law moves out, will he retain ownership of his share of the property? 
97. Can service charges and building improvements be deducted from the rental income? 
98. Can I use my annual tax free allowance against property income if I live in Germany? 
99. Can I offset a loan from my husband against my rental income? 
100. Can I transfer my property of £300,000 to someone else for £60,000? 
101. How can my partner reduce his capital gains tax on a property that he has never lived in?