You're always putting out great value. Thank you Simon.
@SimonZutshiOfficial4 ай бұрын
I appreciate that! Thank you
@mattparsons78847 ай бұрын
How would a PLO work for a portfolio landlord who's properties are all in his own name and is a higher rate tax payer and therefore cant off set mortgage payments off his tax return. How would it benefit him from a tax perspective as he would still declare the income he gets from the lease payment?
@SimonZutshiOfficial7 ай бұрын
@mattparsons7884 you are correct and so if we are paying the mortgage for the property we would also make an extra payment of about 20% of the mortgage also to cover the extra tax they would have to pay, so the landlord is not out of pocket. Kind regards Simon
@mattparsons78847 ай бұрын
@@SimonZutshiOfficial thank you for taking the time to reply. That makes complete sense now.