TPP401: What are property funds and why do they attract billions of investment? (Plus: CGT bombshell?)
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 19 November 2020
⏱️ 24 minutes
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Summary
Transcript
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| 0:00.0 | Would you like to invest in property with less risk, less hassle and less money than normal? |
| 0:07.6 | No, this isn't a weird scheme that Robin I have cooked up. |
| 0:10.0 | This is the world of property funds. |
| 0:12.0 | And if you don't understand that world, by the end of this episode, you will. Welcome to the property podcast where every Thursday property investors come to be informed and inspired. |
| 0:27.0 | This week we're talking about a whole side of property investment that we've never talked about before and it's a big one. |
| 0:32.0 | So stay tuned for that and stick around |
| 0:33.7 | to the end for Hub Extra where Robby is going to be recommending another |
| 0:36.4 | podcast you'll definitely want to check out. So over the last few years |
| 0:40.1 | landlords have been hit quite hard by different changes to taxes which ultimately |
| 0:44.8 | have meant that we're paying out more each and every year. Now because of all those |
| 0:49.0 | raises we've probably been relaxing thinking they can't be anymore. |
| 0:53.3 | It just can't be right? |
| 0:54.8 | Wrong. |
| 0:55.8 | This week there were loads of headlines around proposals to increases in capital gains tax. |
| 1:01.6 | Now the headlines are quite scary, so of course we need to discuss |
| 1:04.5 | them but it's worth points out right from the off that these are proposals and |
| 1:09.6 | nothing has changed just yet. That's right back in summer the Treasury asked the Office for Tax |
| 1:15.4 | Simplification who I would argue are not doing a great job in general to write a |
| 1:19.2 | report into capital gains tax and take a look into whether anything can be due to change it. |
| 1:24.4 | It wasn't meant to be in the context of a tax grab necessarily, it's just a what can we do to stop |
| 1:28.8 | tax from distorting behavior and make it all a bit easier. |
| 1:32.3 | So this paper has been written, they are just proposals, but it hasn't stopped the headline writers |
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