For those of you who own, or are looking to buy a holiday home, this information will prove invaluable.
Thursday, November 21st 2002, 8:48AM
by The Landlord
If you own a holiday home or are looking to buy one to use for a limited period each year, and making it available for rent out for the rest of the year, then setting it up as an investment will save thousands of dollars each year. We will show you how.
Setting up your holiday home as an investment property will require a visit to your accountant or lawyer. They will take you through the process of setting up a company, to assist you in transferring ownership into a company name. The cost of this varies greatly, depending on who you use, but it will cost between $2000 and $3000...
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