The Progressive Property Podcast Seismic Shifts in UK Property Taxes : Stamp Duty, Capital Gains, and More Dissected
https://www.progressiveproperty.co.uk/raf/
Your property portfolio is facing its biggest threat in a decade, and it's coming directly from the government. Today, Sean talks to Kevin McDonnell, who teaches 1000s of property professionals how to protect and grow their portfolios. He's a seasoned investor who's dissecting the government's next potential moves on property tax.
Kevin and Sean break down the proposed seismic shifts in stamp duty and what they mean for you and your next purchase, the potential overhaul of capital gains tax and the rumoured new annual tax for property owners that could impact your cash flow.
Stay tuned to the end as Kevin reveals the hidden opportunity and the surprising upside for savvy investors.
KEY TAKEAWAYS
The changes will lead to seismic changes especially if they eliminate stamp duty and introduce a National Property tax. Including the prices of cheapest properties soaring, so get in early.
Be alert to opportunities created by market fear and uncertainty. When others are hesitant, there are bargains to be found.
Understand all of the proposed changes : Stamp Duty, Capital Gains, National Property Tax and National Insurance for Landlords.
Surround yourself with knowledgeable people and experts that can help you make informed decisions and rework your strategies.
Attend educational events, such as Progressive´s free "Multiple Streams of Property Income" event to learn how to protect and grow your portfolio in a changing tax environment.
Investigate the possibility of purchasing investment properties through limited companies. This could mitigate the impact of new taxes that target personally owned buy-to-lets.
Consider buying before the proposed changes take effect.
Focus on long-term strategies rather than short-term gains.
BEST MOMENTS
"It's all about having the knowledge and the people around you that will teach you how to do this stuff right."
"We're running a Multiple free Streams of Property Income event soon. It's specifically around the things that are happening now … Come and learn about how to protect themselves when this stuff happens."
"Get those cheap properties snapped up….Whilst this window is open, it's time to make hay."
VALUABLE RESOURCES
MSOPI – Multiple Streams of Income:
https://www.progressiveproperty.co.uk
https://kevinmcdonnell.co.uk
ABOUT THE HOST
Sean Fitzpatrick is a property investor, educator, and the Face of Progressive Property. With a 6-figure portfolio and expertise in creative strategies, finance, and off-market deals, Sean shares success stories from the Progressive Property community, expert insights, and real-world strategies to help investors succeed. Tune in for practical tips and no-nonsense advice to accelerate your property journey.
ABOUT THE HOST
Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.
CONTACT METHOD
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https://kevinmcdonnell.co.uk/
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This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/