Robw54
Member
- Location
- derbyshire
Anyone bought commercial using SIPP and borrowings?
My understanding is you rent back to yourself at market rate and rent is valued professionally and you lease from the trustees.
Not quite sure if the asset valuation eventually exceed the lifetime allowance where you go once crystallized?
How can you continue to pay the rent or does the incomes then just get hammered for tax?
My understanding is you rent back to yourself at market rate and rent is valued professionally and you lease from the trustees.
Not quite sure if the asset valuation eventually exceed the lifetime allowance where you go once crystallized?
How can you continue to pay the rent or does the incomes then just get hammered for tax?