1. EARN AND LEARN
For the landlords and investors how work with us we offer not only the possibility to increase their income nonetheless even the chance to learn the process, so if they will decide to do it alone in the future they will have all the tolls to do so.
4. LEGISLATIVE BENEFITS
Want to save on tax? Even if you are not registered as a limited company? Another reason our landlords are thrilled with us. Get in touch with us today to see how we can help you achieve similar results.
We know that many landlords and investors have invested in property in the hope of creating more income with less work, even if that is not always the case. Here at SUGAR'S PROPERTY, we tack over everything you don't want to know about, such as marketing, managing bookings, handling the cleaners and maintenance team, as well as guest communication, giving you back your precious time and peace of mind.
5. TAX BENEFITS
Having a SA allows you to claim various tax reliefs. Some of the main types of relief available include Entrepreneur's Relief, Hold Over Relief, Relief for Gifts of Business Assets, Relief for Loans to Traders and Roll Over Relief.
Capital Allowance As the owner of a serviced apartment, you can reduce your taxable profit by claiming a capital allowance for equipment, household appliances and furniture. If you change the physical appearance of your SA, you can deduct these costs from your pre-tax profits.
Pension Contribution Any money you make from your SA is considered "relevant income," meaning you can make pension contributions that lower your taxes.
3. OUR EXPERTISE
Not everyone knows how to transform their property into a successful business. Our expertise is in understanding demand for serviced apartments in your location, attracting guests to maximise income and managing the process.
6. MORE CONTROL
Our landlords have full control over their properties, many of them for the first time in years. With our services, you control when it's occupied and when you want to keep it available, whether to host family or guests. You can use your asset to its best advantage.
Due to the nature of the business, Serviced Accommodation properties must be kept in pristine condition at all times, which at the end of a normal tenancy, generally, you will be planning for the worst.
Typically, the same property generates 2 / 3x more profit for the landlord or investor, which opens up many more opportunities for them.