Shaz talks you through a practical example about how to better understand VAT and capital allowances, and the benefits that can be achieved when converting from commercial to residential.

KEY TAKEAWAYS

• When looking to buy a property it is wise to find out about the exact VAT situation. When you make the offer, make it clear that you want to convert from commercial to residential, and ask if they will accept a VAT 1614D.
• Elements of a building that are subject to capital allowances are any part of the property that are not inherently provided by the structure itself.

BEST MOMENTS

''When you sell the property at some point in the future, you must charge VAT on the disposal'

'These capital allowances have different pools'

VALUABLE RESOURCES

[email protected]

 

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook
•   LinkedIn
•   Instagram
•   YouTube.

Shaz explains the differences between an investment company and a trading company, and how the approaches to buying properties for each will require different schools of thought.

KEY TAKEAWAYS

• If you buy a property, hold on to it, and rent it out, then this an investment purchase. if you buy a property, do something to it and then trade it, this is a trading purchase.
• Serviced accommodation property investments are treated as a trading deal, as you are selling a product to a client each time it is rented out.

BEST MOMENTS

'Short term lets are seen as a trade'

'Trading has many more tax benefits compared to an investment company'

VALUABLE RESOURCES

[email protected]

 

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook
•   LinkedIn
•   Instagram
•   YouTube.

Depending on the properties you buy and the way you buy them, you may be able to claim certain reliefs. In this episode, Shaz talks about an instance from his own investing history that best illustrates these differences.

KEY TAKEAWAYS

• Even the difference of just £100,000 on a property worth over a million pounds, can dramatically increase your rental income potential.
• When you are doing your first deal, you have to compromise the margin. The less experience you are, the bigger the margin you need as mistakes will happen

BEST MOMENTS

'There are a lot of caveats, twists and turns'

'That's the kind of deal that you want to be doing'

VALUABLE RESOURCES

[email protected]

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook
•   LinkedIn
•   Instagram
•   YouTube.

Investing in property is an exciting journey, but there can be pitfalls along the way. In this episode, Shaz talks about the current state of the housing market and what you need to watch out for in order to ensure your continued success.

KEY TAKEAWAYS

• Quantitative easing is coming to an end, so we are seeing large upheavals in the financial sector, including interest rates, which can affect property investors
• The Bank Of England's mandate has trumped its obligation to control inflation and right now the challenge is to bring it down from double to single digits.
• Borrowing costs are rising steeply, and the public have far less to spend. We have a rocky time ahead, and the road to recovery is a long one.

BEST MOMENTS

'What's inescapable is that the government lost the confidence of many in the market'

'Time will tell how well that will perform'

'Investors should also realise that most Britons are poorer. We're all paying more for less' 

VALUABLE RESOURCES

[email protected]

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook
•   LinkedIn
•   Instagram
•   YouTube.

Considering how to change and tailor your portfolio to the ever-changing circumstances is something we should always keep on top of. but should we ever stop buying property altogether? In this episode, Shaz talks about the way you should be thinking about this question.

KEY TAKEAWAYS

• Property is a liquid asset and it takes time in order to sell it and convert it into cash. Selling property can be difficult and time consuming.
• There are many fees when it comes to buying and selling a property, above and beyond what you'll pay for the actual property. Transaction costs are very high.
• A buy to let is a safe place to keep your money, but the returns won't always be the best in the world. As the market advances, a downturn becomes more likely.

BEST MOMENTS

'In downtimes, selling is even more difficult'

'Some buyers who will be stuck with a property even if it turns out to be a mistake'

'Most investors turn out to be asset rich and cash poor'

VALUABLE RESOURCES

[email protected]

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook
•   LinkedIn
•   Instagram
•   YouTube.

When embarking upon the serviced accommodation route in property investing, it's always wise to keep ahead of the costs and rates you might be facing. In this episode, Shaz discusses them all, and how you can best maximise the profits you make. 

KEY TAKEAWAYS

• Classifying your property as a furnished holiday let will allow you to take advantage of several tax benefits that do not apply to other forms of SA.
• The more services that you offer, the closer you move towards a general serviced accommodation, meaning that you don't need to fulfil the rules for a furnished holiday let.
• Hidden costs you might not consider include the changing of linen which c an be expensive. Replacing crockery and other breakables can also prove costly.

BEST MOMENTS 

'If you're not offering many services then you might be classed as a furnished holiday let'

'To keep it simple, think about the services you'd get in a bed and breakfast'

'Be aware of what all of your costs are' 

VALUABLE RESOURCES

[email protected]

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook
•   LinkedIn
•   Instagram
•   YouTube.

Getting started on the property ladder doesn't have to be a complex as you have been led to believe. You can begin your journey without first amassing a fortune of your own, and in this episode, Shaz explains exactly how to do it.

KEY TAKEAWAYS

• So long as you're planning to work hard and dedicate yourself to property investing, then there's no reason why you shouldn't succeed.
• Find a partner who has the finances and apply your knowledge, expertise and willingness. Together you can turn a house sale into a property empire in no time.
• Networking is the key at all times. You can join property investing groups and look to the knowledge of others. By surrounding yourself with likeminded business minds, you'll maximise your returns.
• If you want to be truly financially independent, then don't put all your eggs in one basket. Diversify your income streams so that you'll never be totally reliant on one strategy.

BEST MOMENTS

'It takes commitment and dedication to make it happen'

'Get together and turn things into a transaction'

'This may turn into something bigger and better over time' 

VALUABLE RESOURCES

[email protected]

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook
•   LinkedIn
•   Instagram
•   YouTube.

SDLT is one of the most misunderstood taxes, but if clarity is provided then it can be a useful tool in your financial journey. In this episode, Shaz explains SDLT exemptions and reliefs that'll allow you to pay zero!

KEY TAKEAWAYS

• An SDLT isn't as well understood as it should be, but if properly viewed, it can provide you with exemptions and reliefs that'll alleviate your finances considerably.
• If you occupy your house in the last two years, and sell it to a development company as part of a plan to buy a property from them, then you are exempt from paying SDLT
• If you buy a property through probate, via a limited company or partnership, you can spend up to £10,000 or 5% of the purchase price on fixing up the property - then sell the property, you will pay no SDLT.

BEST MOMENTS 

'Keep a not of this if you're looking to buy a new house at some point in the near future'

'If you grant a lease on the property then the relief will be withdrawn'

'There is partial relief, but stay within the numbers'

 

VALUABLE RESOURCES

[email protected]

 

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook
•   LinkedIn
•   Instagram
•   YouTube.

Shaz shares the most common misconceptions and myths surround property investing, and how to make sure you're keeping ahead of the rumours and untruths that might be holding you back.

KEY TAKEAWAYS

• The property pricing cycle always follows a boom-and-bust model. A steady increase will always be followed by a decline - history has proven this. Prices do go down!
• It isn't just the wealthy who are able to invest in property. You can invest heavily using other people's money, and massive deposits aren't always required.
• Newly built properties can be more appealing and have several benefits, but never discount the value of older properties, which always come with their own opportunities.

BEST MOMENTS

'Property needs to serve you'

'I know lots of people who have no money, who are working successfully in property'

'History is a fantastic teacher'

VALUABLE RESOURCES

[email protected]

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook
•   LinkedIn
•   Instagram
•   YouTube.

Is there a limit to the size that your ideal portfolio should be? In this episode, Shaz talks you through what you need to think about as you grow, what your business should look like, how much income you need. Remember, that size doesn't matter!

KEY TAKEAWAYS

• It always pays to think about the size of the business that you're trying to build. Many investors build significant portfolios that leave the teetering on the edge of bankruptcy from time to time.
• Smart investors can be sometimes excessively cautious about their portfolio, and should be having more faith in themselves.
• If you're investing in something then you want a return. That's only natural. What you need to think about is what you're trying to attain or replace in terms of income and aim for that to begin with.
• Determine your attitude towards risk. The bigger the portfolio, the more debt you take on, and the bigger the risks. There are more moving parts for you to manage.

BEST MOMENTS

'Big isn't better at all. Small but smart is the way forward'

'Smart people sometimes overthink stuff'

'Everybody wants create a profitable business'

'It's important that you have a criteria when it comes to investing'

VALUABLE RESOURCES

[email protected]

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook
•   LinkedIn
•   Instagram
•   YouTube.