Being a management agent

[catdog1121]

I have checked and it is ok as the company will own and rent out a property it is acting as a viable business in its own right, if the only business was to manage the directors properties then yes that would not be allowed.

It can very easily be argued the reason for the arrangement is...

[catdog1121]

Thanks, I did see that which is why it will be property management not rent collection, so dealing with tenants phone calls, sorting out repairs and doing things like reminders for gas safety certificate. A complaints procedure should be pretty easy to put together.

[catdog1121]

So I have 3 properties in my own name and am close to completing on a property in my new limited company. I want the new company to not only own and rent the new property but also manage the other 3 properties at a market rate of 10%. As the company will own and rent a property it will be a valid...