The LLP Hybrid Structure
b'
Shaz shares an overview of the LP hybrid model, explaining exactly what it is and how it works
\\nHe shares informative content that helps to explain the process and discusses why it\'s vital that any hybrid LLP is planned and set up properly
\\n\\xa0
\\nKEY TAKEAWAYS
\\n- \\n
- A partnership is two or more individuals who form a business \\n
- An LLP can be two or more people or two or more entities \\n
- As the properties are introduced into an LLP the limited company becomes a managing company, managing the properties for the LLP \\n
- The LLP may pay management charges or have more control and ownership \\n
- If the limited\\xa0 company collects the rent and pays the mortgages it can claim the tax relief \\n
- When the funds are in the LLP the individual partner draws down on their capital account tax-free \\n
- In an LLP or partnership, there is a profit-share ratio \\n
\\xa0
\\nBEST MOMENTS
\\n\\u2018A profit share doesn\\u2019t have to be in line with a capital share\\u2019
\\n\\u2018It needs to be planned and set up properly\\u2019
\\n\\u2018\\xa0If you are forming an LLP you should be doing it for the right reasons\\u2019
\\n\\xa0
\\nVALUABLE RESOURCES
\\nshaz@aaa-accountants.co.uk
\\n\\xa0
\\nABOUT THE HOST
\\nShaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
\\nShaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.
\\nHe is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
\\nYou can find Shaz on:
\\n\\n\\xa0
\\n\\xa0
\\n\\xa0
\\n\\xa0
\\n\\xa0
\\n\\xa0
\\n\\xa0
\\n\\xa0
\\n\\xa0
\\n\\xa0
\\n\\xa0
\\n\\xa0
This show was brought to you by Progressive Media
'