Hi, I'm Rob.

And I'm Rob and Rob. And this is Ask Rob and Rob.

Hey everyone, welcome to Ask Rob and Rob, the show where you give us your wonderful questions and we try to give you half decent answers back in return.

We've been going for a long, long time now, so it seems to work as a concept. So let's keep that going.

And to keep it going, we need your questions in.

We do, and it's really not hard. All you have to do is go to property hub.net slash ask. When you get

there, you can send a written question to our Sunday Times column, or our favourite, you can leave

us a voice message for us to answer here on this show. Okay, let's have our first question from Amy. Hi, Rob and Rob. Amy here. I've been an avid listener for around 10 years now, so thank you for all your fantastic tips and ideas over the years. I'd really like your thoughts on the following idea that my accountant has suggested to me. I have four properties in my own name and one in a limited company with the aim to expand within my limited company by buying more properties

very soon. I'm trying to generate as much profit within my limited company as possible so that I can

expand faster. My accountant has suggested that my limited company could handle the property

management of the four properties in my own name, charging around 12 to 15% management fees.

This would certainly allow my limited

companies to grow funds faster, as well as the added benefit that it would reduce my own

personal income and therefore personal tax liability as I am a higher rate taxpayer. What are your

thoughts on this setup and are there any potential issues that you foresee setting up my limited

company to manage my personal portfolio? Thanks so much again for all the work

that you do. Amy, thank you for your question. So the first thing to say is we are not tax

advisors. So I would definitely take advice from a tax professional on this. And unfortunately,

in the world of tax, there are surprisingly few hard and fast answers. There's a lot of grey areas

and a lot of opinions. And so if you've got this idea from your accountant, but you're not sure, then you can go and get a second opinion from someone,

because ultimately you need to be comfortable with this. There are a few things that immediately

stand out to me. So the first is that for this to work, for you to effectively charge for your

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