Samuel, you've made this quite confusing for deal sellers. Don't we need AML, public liability and indemnity insurance plus property redress? You've previously said we do, also most websites say yes.
Information some trainer's will charge £ for. Travelled 100's miles to attend his crash course likewise intensive courses. I can tell you for free it has been a life changing experience and I can't wait to join his Academy. #my journey will be televised ✍️
Samuel this has been extremely helpful. And note to all, Tide Bank are offering company registration and a bank account for around £15. Samuel do you recommend setting up a separate company to do each activity or can you do all of the above in one company? And if can do all in one, what is the best sic code to use then?
Samuel, in some video you told about deal sourcing, that is required money antilaundering, redres scheme, insurance.....so this video is compketely opposite or i don't understand something🤔🤔🤔
hi, been watching your vids for a while now. thought id tag along to your crash cource this friday :) hopefully i learn some things. really hoping i can change my life around. You are amazing for all these videos you make. Keep helping people make money! #FinancialFreedom!
Same! I'm going to the Saturday one. I do a few SA with owners properties and can vouch from experience that you really can make money with property that you don't own. It's just about sourcing owners who will say yes, and perhaps an investor for the set up finances. You can do it!! Hope you do really well with your new venture :) can't wait for the course!!
Quite clear there Samuel, but what code would we use if we are doing lease options (LO). We can't say we are buying & selling, because we don't know for sure, when we create the LO, whether we will be actually buying, or selling it. I'm inclined to guess that we are 'managing' the property, and therefore would need AML, ICO registration etc. Does anybody actually know?
This is the Good News/Injeel... Adam took from a living tree created by God, which got Adam removed from the garden and condemned him to death. The Kalimatullah (Word of God) was made flesh by The Ruh Al-Qudus (Holy Spirit) into The Temple (The body of Christ). The Temple was innocently destroyed, The High Priest was then free to travel to hellfire at the end of time to preach to the unsaved. He came back with the keys over Death and Hades. This now means that the all authority is with the Christ (King of Kings). As the Messiah was sinless it balanced out the divine weighing scales. Jesus freely gave his life on a dead/man made tree and offers eternal life. The ultimate sacrifice/Udhiyah for all mankind. This is how God can have full justice for sin but be all merciful; by allowing Jesus to post your bail
Does the business support not contradict what HMRC says re: Estate agent activities = 'Introduce your customer to a third party who wants to buy, sell or let an interest in land'?
This is confusing. One one hand you need to be part of the property redress sheme and Insurance so clients will trust you with their money. Now its not clear whether you need any of the red tape at all without having to wait for the next closest crash course, all because of a different Sic code. Was about to buy the lot this week. Obviously its more legit if you have insurance and are part of the redress scheme so its not clear what you are saying. Please elaborate..
Yes - set up a company and ask the agents to pay the money to the company. Your accountant can then help in the expensing your tax against expenditure.
You dont know what you dont know. I didnt even know sic codes exist. Im learning so much from these videos. Cant wait to do the day course on saturday and come back for the Academy Thanks for another brilliant and valuable video! Legend ✨
Samuel, you've made this quite confusing for deal sellers. Don't we need AML, public liability and indemnity insurance plus property redress? You've previously said we do, also most websites say yes.
Information some trainer's will charge £ for. Travelled 100's miles to attend his crash course likewise intensive courses. I can tell you for free it has been a life changing experience and I can't wait to join his Academy. #my journey will be televised ✍️
Samuel this has been extremely helpful. And note to all, Tide Bank are offering company registration and a bank account for around £15. Samuel do you recommend setting up a separate company to do each activity or can you do all of the above in one company? And if can do all in one, what is the best sic code to use then?
Samuel, in some video you told about deal sourcing, that is required money antilaundering, redres scheme, insurance.....so this video is compketely opposite or i don't understand something🤔🤔🤔
That's exactly my thoughts
Exactly!!
He talks more in-depth about these in his course but generally you still need some of these but not all
hi, been watching your vids for a while now. thought id tag along to your crash cource this friday :) hopefully i learn some things. really hoping i can change my life around. You are amazing for all these videos you make. Keep helping people make money! #FinancialFreedom!
Same! I'm going to the Saturday one. I do a few SA with owners properties and can vouch from experience that you really can make money with property that you don't own. It's just about sourcing owners who will say yes, and perhaps an investor for the set up finances. You can do it!! Hope you do really well with your new venture :) can't wait for the course!!
well thenn... looks like ive got the wrong sic code...
How are you doing in your property journey
We can use sic 68209 for rent to rent as well as HMO and service accommodation, right?
I'm sure that's what is says in the book. I have the same 68320
👌👏👏💯💯👍 cheers 🌹 Samuel for unique content. Thanks 🙏
What if I do all three except being estate agent.
Quite clear there Samuel, but what code would we use if we are doing lease options (LO). We can't say we are buying & selling, because we don't know for sure, when we create the LO, whether we will be actually buying, or selling it. I'm inclined to guess that we are 'managing' the property, and therefore would need AML, ICO registration etc. Does anybody actually know?
Make sure your Soul code is going to the right place. ✅️
This is the Good News/Injeel...
Adam took from a living tree created by God, which got Adam removed from the garden and condemned him to death. The Kalimatullah (Word of God) was made flesh by The Ruh Al-Qudus (Holy Spirit) into The Temple (The body of Christ). The Temple was innocently destroyed, The High Priest was then free to travel to hellfire at the end of time to preach to the unsaved. He came back with the keys over Death and Hades. This now means that the all authority is with the Christ (King of Kings). As the Messiah was sinless it balanced out the divine weighing scales. Jesus freely gave his life on a dead/man made tree and offers eternal life. The ultimate sacrifice/Udhiyah for all mankind. This is how God can have full justice for sin but be all merciful; by allowing Jesus to post your bail
❤❤❤❤❤❤❤❤❤😮
82990 SIC codes will get rejected by HMRC because it's too general, some accountants are being asked to change it to 99999 dormant
Does the business support not contradict what HMRC says re: Estate agent activities = 'Introduce your customer to a third party who wants to buy, sell or let an interest in land'?
Exactly, He should elaborate. If I do go to the crash course I want compliance before I am there
Thank you Samuel, this was so helpful. LOVE your energy!!
This is confusing. One one hand you need to be part of the property redress sheme and Insurance so clients will trust you with their money. Now its not clear whether you need any of the red tape at all without having to wait for the next closest crash course, all because of a different Sic code. Was about to buy the lot this week. Obviously its more legit if you have insurance and are part of the redress scheme so its not clear what you are saying. Please elaborate..
I just opened my ltd company but I didn't get asked to pick I Sic code🤔
Props Samuel Amazing 👏👏👏
Thank you, very helpful
Than you Samuel!
68209 is no longer there. What’s the alternative?
It’s still there in the L section
If using investor funds how do I do this right?
So what do we do if we wna do all of the above? Is it not possible inside one company wrapper?
Yes you can add 4.
Thanks Samuel made many things clear
Thank you very much Samuel !😊
What is the right SIC code as a landlord that has a company set up to get rent from appointed letting agents ?
You should just have watched again, Samuel said 68209 letting and operating of owned or leased real estate.
Thank you for this 🎉
If I have e.g. two properties for rent does it make sense to open a business ? Tax wise? Which is a good number of properties for opening a company ?
.
Yes - set up a company and ask the agents to pay the money to the company. Your accountant can then help in the expensing your tax against expenditure.
You dont know what you dont know. I didnt even know sic codes exist. Im learning so much from these videos. Cant wait to do the day course on saturday and come back for the Academy
Thanks for another brilliant and valuable video! Legend ✨
@@marklewis3023thanks for the tip I appreciate that
Grate work Samuel! See you Saturday at the crash course, can’t wait 🎉
Samuel can I use a bridging loan for an assisted sale? Or do I need to use my own funds?
@@marklewis3023 thank you mark that’s really helpful 🙂👍
3rd
THANK YOU!!!