My BTL company carried forward losses for three years. That part we knew was coming. What I had not fully reckoned with was how little would be left once it ended. This is not a confession of recklessness. I went into our Bristol property knowing what the returns looked like. I understood that the yield…
When I set up my first limited company, I was too excited to be careful. The business was growing, money was moving, and I was focused entirely on forward momentum. I did not stop to draw a clear financial line between what was mine personally and what belonged to the company. The result was a…
Managing your limited company accounts in Xero without an accountant is more straightforward than it sounds. I know because I do it myself. Not because I trained as one, but because I set myself up as one, and Xero made that possible. I own a buy-to-let property through a limited company. Every year I reconcile…
BTL limited company running costs are not what most people expect. I have been tracking every penny that flows through our limited company property business since we formed it. Three years of bank statements, every transaction categorised, nothing estimated. What follows is the full picture of what it actually costs to buy and run a…
Why buy a BTL through a limited company rather than in your own name? I did not set out to buy a property through a limited company. I did not even set out to buy a property. What happened was closer to how most of my decisions work – a slow build of curiosity that…