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How You Can Generate
Tax-Free Rental Income
Generating Tax-Free Rental Income
Buy, Renovate and Let Distressed Property
Generating Tax-Free Rental Income
1st Step
DUE DILIGENCELocationNeighbourhoodPropertyCustomer
Location Due Diligence Template
Generating Tax-Free Rental Income
To Generate Tax-Free Rental Income The property must be letable when bought
Weather-TightUtilities ConnectedUsable Kitchen & Bathroom
ThenRenovation cost is split between Revenue &
CapitalRevenue Cost is Tax Deductible against Rental
Income
Generating Tax-Free Rental Income
Generating Tax-Free Rental Income
Generating Tax-Free Rental Income
Common Agent/Auction Terminology:
Light RenovationIn need of
RefurbishmentCosmetic ImprovementSome General
RefurbishmentSome Renovation WorkSome Updating
Extensive RenovationIn need of ModernisationRefurbishment
ThroughoutExtensive UpdatingRenovation/
RefurbishmentFull Refurbishment
Generating Tax-Free Rental Income
FundingBridging Finance
70% Offer/Hammer20% Other Equity10% Cash Deposit
Generating Tax-Free Rental Income
Spend on Renovation
£8.7k for Light Renovation = £ 6.1k Revenue Expense
£26.5k for Heavy Renovation = £18.5k Revenue Expense
Restoration and Replacement Revenue Expense
Additional Items & Improvements Capital Expense
INVESTMENT PROPERTY ANALYSER
Generating Tax-Free Rental Income
Net Rent Collected has to
EQUAL
Revenue Element of Renovation Cost
BEFORE
Income Tax is Payable!
Generating Tax-Free Rental Income
Sell AFTER Letting
Keep the Revenue Losses in Portfolio
Offset Capital Costs against Capital Gain
Collect 10.6k Per Person
TAX FREE Capital Gains
Generating Tax-Free Rental Income
www.BuyToLet.com
www.PropertyInvestorMastermind.com
Presenting the TOOLS
Location Due Diligence Template + 5 Tutorials
Investment Property Analyser + 5 Tutorials
