Transfer of Property to Limited Company | AccountingWEB

Transfer of Property to Limited Company

I have been approached by a client who own three properties - one is owned outright and the other two have mortgages. He is wanting to form a limited company and transfer the three properties to the limited company. He wants the limited company to comprise of three shareholders/deirectors.

I beleive the long term view is expand the property portfolio via the limited company.

Is this possible and what are the implications - I have phoned a few Solicitors, but seem to be receiving rather vague responses.

Any advice would be much appreciated.



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property transfer

Mini Me |
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a_m |
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Transfer of Property before a divorce

joya2727 |