Podcast: Jake Lew, property accounting and market trends

Chatting with property investor Simon Pither, Jake talked about:

• His experience as a property accountant
• Tax implications of transferring property into a limited company (incorporation) and the importance of seeking professional advice
• Accounting & tax treatment of property expenses: distinction between repair and capital expenses
• Accounting & tax treatment of loans, depending on whether the property is personally owned or within a company
• Changes & trends in the property market that Jake and the team are helping BKL clients to navigate, including: stamp duty land tax (SDLT) changes, high interest rates, stricter lending criteria, tax changes for non-doms, high costs of building materials
• Sustainability: energy efficiency (EPC) ratings, new regulations, landlord responsibilities, lenders’ approaches
• Advantages of property over other investments