All Topics / Commercial Property / Paying off commercial property

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  • Profile photo of flam2003flam2003
    Join Date: 2015
    Post Count: 1

    I have a small factory and would like to pay off through my company.
    1. Capital growth at Brendale hasn’t been that great.
    2. I know there will be capital gains tax 50%.
    3. I am going to stop work in 1 year the rent money paid into company i could draw out as a wage.
    4. My concern is there so many vacant properties when it comes vacant it could sit for 1 to 6 months and you have to make repayments back to the bank.

    I could get some advise on this would be good


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