8 Qualities a Landlord Should Seek In a Property Management Company
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We get many calls from landlords that have had enough of the day to day operations of their investment properties and they are considering seeking out a quality property management company. We speak with them about the type of properties they have and what exactly they want in a property management company before we offer our services. Below are several attributes that property investors seek in a property management company:
The implications of being an overseas landlord
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What are the implications of being an overseas landlord?
All owners of property in the UK are required to pay tax on any rental income they receive, unless the income after allowable expenses is less than the individual’s personal allowances. However, special rules apply to the UK rental income of nonresident landlords or landlords who live abroad usually for more than six months.
These rules are outlined in the Non-Resident Landlord Scheme (NRL), which operates for rental income paid on or after 6th April 1996.