Wealth Made Simple Podcast

One of the most powerful yet underused strategies in property investing is the Lease Option, a methodology that can give you income from a property before you even take ownership. In this episode, Shaz explains how to use this as a strategy, and also discusses why deal sourcing might be an alternative, viable way to raise cash for your business. KEY TAKEAWAYS Finding a viable deal and packaging it...

Shaz discusses commercial conversions as a property investing strategy - everything from why he favours this particular way of investing, to its strict definition and how to make the most of it. KEY TAKEAWAYS Everyone assumes that you need a large cash reserve to get started in property, but this isn't the case, You can find investors and use other people's money. Commercial conversions are where...

Shaz continues his deep dive conversation on the subjects of flipping properties, the Buy-Refurbish-Rent-Refinance-Repeat methodology, and how Rent-To-Rent investments really work. KEY TAKEAWAYS When investors have more confidence, they could opt for a HMO strategy, in which a larger house is split into several separate units, connected by a communal area. Serviced accommodation is one of the stra...

Shaz deep dives into the many strategies used in property investment, such as Buy-To-Let, HMOs (Houses Of Multiple Occupation) and Serviced Accommodation, along with many more. KEY TAKEAWAYS Many people believe that the only route into property is a vanilla one - buying a house, living in it and maybe renting it out. Buying to own or buying to let is where research stops in general. Property is re...

Shaz is joined by Kevin Wheelan from WealthBuilders, to talk about SSAS (Small Self Administered Pension Schemes) - how they work, and why it might be a game changer in terms of investing for you. you can find more information from Kevin and his team  https://wealthbuilders.co.uk/wealthmadesimple KEY TAKEAWAYS A small self-administered scheme is a type of occupational pension that’s managed indepe...

Everyone's story is unique, and in this episode, Shaz talks about his personal route into property investing, and why it's the most viable and reliable investment sector out there. KEY TAKEAWAYS As an accountant, Shaz was easily able to identify that his most lucratively successful client base were the ones with property portfolios. Even if the market is against you, if you hold on for long enough...

The show takes a deep dive into SPVs, with Shaz explaining what the term means, our options when it comes to moving money and transferring wealth, and why companies opt to use this measure. KEY TAKEAWAYS A special purpose vehicle, also called a special purpose entity (SPE), is a subsidiary created by a parent company to isolate financial risk. The legal status as a separate company makes its oblig...

Shaz explains what a SMART company is, how trusts are involved, and how they can help when it comes to factors such as inheritance tax. KEY TAKEAWAYS SMART is a term used by a particular firm to describe a company with other companies involved - the building of a trust. You need different classes of shares to provide more flexibility in terms of income, create rights to income, and to create votin...

Live from one of his spellbinding events, Shaz answers a pertinent and important question about the differences between HMOs and SAs when it comes to capital allowances. KEY TAKEAWAYS When it comes to serviced accommodation, for all expenditure that you incur, you can reclaim quickly for anything that is fixed to the building that is not an inherent part of the building itself. Negotiate with your...

In this episode, Shaz explains the VAT rates and implications when doing a commercial conversion, and how you can and should remain compliant at all times. KEY TAKEAWAYS When doing a commercial conversion, the VAT rate is 5% whether increasing the number of units, decreasing them, or converting a property that has been empty for more than two years. If you sell a property, you can claim back the V...

Shaz deep dives into the commercial conversion strategy - everything from how long the process should take, to the regulations and expectations involved in what can be one of the most lucrative forms of property investment strategy. KEY TAKEAWAYS A commercial conversion is the purchase of a formerly commercial property, and its conversion into a set of residential properties, either increasing or...

Property investing can be one of the most satisfying and most lucrative forms of business - so why then do some fail? In this episode, Shaz breaks down the main reasons why some investors don't make the cut. KEY TAKEAWAYS A small contingent of investors make huge sums of money, most find themselves just about making ends meet, while another group fail completely. Those who succeed are generally in...

In property, you always have to make sure that the numbers add up or a deal might not be worth doing. In this episode, Shaz talks you through rental yield, the first factor you should take into consideration before pulling the trigger on a deal. KEY TAKEAWAYS Rental yield is a term used by landlords all the time, but many do not realise what it really means. The gross rental yield of a property is...

Shaz discusses two new important changes to tax regulations, including Option To Tax and the new VAT penalty regime, which may cost you dearly. KEY TAKEAWAYS An Option To Tax is when somebody brings a commercial property into the VAT regime, meaning that the costs of refurbishment can be claimed back from HMRC. From the 1st February 2023, HMRC implemented changes . The first change is that HMRC wi...

Shaz talks about the many tax benefits and disadvantages offered when conducting business through either an investment business and a trading business. KEY TAKEAWAYS An investment business is where you buy an asset and rent it out or get some form of income from it. Buy to let is investment, whereas commercial conversion is trading. Deal packaging comes under a trading business, and so is serviced...

Shaz explains the multifaceted agreements that should be in place between shareholders when varying types of businesses are founded and developed. KEY TAKEAWAYS When two parties have a partnership, the LLP files a tax return but each party pays their respective tax bills. You pay individually. In March or April of 2024, full disclosure must be made at Companies House, meaning that true transparenc...

Shaz talks about different ways to structure a property investing business, with a focus on limited companies, and why you need to know all about them. KEY TAKEAWAYS When a limited company is formed, it appears at Companies House so that transparency can be sought. If secrecy is preferable then a limited company may not be right for you. Requirements of a limited company include directors, at leas...

Coming to you specially from a live seminar, in which he answered the burning questions of an audience, Shaz talks about alphabet class shares - how to distribute them, and what they mean. KEY TAKEAWAYS Whatever the ratio of ordinary share capital you own, your dividend has to be in line with this - IE: 51% shares of £100,000 means you receive £51,000. Alphabet shares mean that you can distribute...

In this episode, Shaz shares eight important tips you ought to know about as a first time buyer, that'll get you on the property ladder in no time at all. KEY TAKEAWAYS Look at the ideal home you want, and plan to buy it at some point in the future. As a first time buyer, the home you want, isn't necessarily the one you can afford at the beginning. Property investing is a journey. Each purchase an...

What is the difference between a trading holding company and an investment holding company? In this episode, Shaz talks you through the answer to this question. KEY TAKEAWAYS A holding company is a limited company including individuals that are shareholders. They may have different companies for different reasons so as to keep their interests separate. An investment company is where you are buying...

Shaz explains Land Remediation Relief, including when it is applicable, how it can benefit you, and the regulations you need to watch out for. KEY TAKEAWAYS You only get land remediation relief if you are buying a property through a limited company, and if it is going to be a trading business and not an investment business. If you are an investment business, you cannot claim this relief. It also c...

Shaz talks about capital allowance pools and how they work, with a focus on capital allowance and property investing. KEY TAKEAWAYS You can claim less than 18% of your plant and machinery pool, but you may not exceed 18% when claiming. If you don't create a taxable loss, then numbers may be reduced the following year, so it's always wise to claim the full amount where possible. BEST MOMENTS 'The r...

With serviced accommodation becoming one of the most popular property investing types, Shaz tells you the best way to structure your business and how it operates. KEY TAKEAWAYS If you have an LLP and you make £500,000 profit and you don't take any money out of the business, you will pay tax on everything. If, however, you pay the capital allowances, you will pay no tax on this sum. BEST MOMENTS 'T...

Shaz talks you through the complete process when it comes to claiming back VAT when it comes to property investing and when it most effectively applies. KEY TAKEAWAYS Once new units are created, they become zero-rated for VAT purposes, and so any VAT claimed will not need to be repaid. You cannot reclaim VAT if you are hoping to rent out properties, because you cannot charge VAT on rent itself. BE...

Shaz talks you through the best ways to ensure you remain compliant when bringing new shareholders into your business. KEY TAKEAWAYS Shareholders can be created by investing money directly, or by using their own holding company. This creates two holding companies, and adding flexibility to the arrangement. Holding companies also provide an extra level of protection to you and other shareholders. B...