Hi,
I am planning to set up a limited company to purchase rental/semi-commercial properties.
I am thinking of setting up as a Family Investment Company to avoid inheritance tax.
We are a family of Me, my Wife and three children of under the age 18.
I am thinking of the following 3 options in the structure.
Option 1: Form a Limited Company with Me and My Wife Only as directors.
Option 2: Form a Limited Company with Me (Freezer Class A), Wife (Freezer Class B) and 3 Freezer Class (C,D and E) held by me to gift to the children when they turn 18.
Option 3: Form a Limited Company with Me, Wife, child 1, child 2 and child 3 as directors, but I heard if children of under 18 are directors in the company then it is hard to find mortgage.
Could anyone please give me some idea about setting up limited company to buy investment properties?
Thanks