Buying a Commercial School House through a SSAS Pension

[@jonahcockshaw7238]

Fascinating video! I had no idea about SSAS pensions. Super interesting stuff. Thanks Justin and Peter.

[@JustinWilkins]

Cheers Jonah 🤝
Always appreciate you man

[@LDNNOISE]

Great video. Important info. Watched a few of your ones with Peter and he seems like a very knowledgeable and friendly accountant

[@JustinWilkins]

Thanks, glad you liked it! He’s great and always willing to help out

[@simonfisher836]

Really useful video, I was thinking of doing this a couple of years ago, good to get some more clarity on how its done.

[@JustinWilkins]

Thanks Simon! Glad it was useful 🤝

[@georgejexter]

Hi, so does this SSAS only work if u have a PRIVATE Pension? Or can it work with any pension scheme ?

[@JustinWilkins]

From my understanding, a private pension. So a business owner with a trading business and private pension can. A workplace pension can’t (but double check this!

[@Mike_N_A_Dunn]

Hey Justin & Peter. When discussing the SSAS Peter stated about there not being a limit to transferring in from your trading business. Does the annual allowance not apply like with a SIP? Thanks again for the insight. Great content

[@peterjarman4041]

Dear michael, the annual allowance of £60k p.a doesn't necessarily apply as you can leave unallocated funds inside the SSAS and allocate them later.

[@kevinflynn8798]

Can you transfer a personally owned commercial property into a ssas?

[@JustinWilkins]

Il find out and ask if Peter can respond on here!

[@fivestars9285]

He's your accountant, isn't he?

[@JustinWilkins]

Yes correct 👍

[@fivestars9285]

@@JustinWilkins He is the kind of accountant I want! He knows the pain, the issues, the opportunity and the risks first hand, as a property investor himself. Great video Justin