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best way to "move" a property
Posted by Anonymous on Tue, 09/02/2010 - 10:06
A new client consulted us about structuring his family investment in a commercial property.
Unfortunately he did this the day after he completed the purchase of the property by a previously dormant company that he and his wife own!
It would be much more appropriate for the family investments to be held by an LLP.
The property cost £500k and to sell it from the company to the LLP would mean a lot of stamp duty.
What is the most efficeint (ie cheapest) way of moving it?
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