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by m_hobbshot
Fri Oct 30, 2020 10:13 am
Forum: Functional Support
Topic: Purchase new property & taking money out
Replies: 2
Views: 1691

Re: Purchase new property & taking money out

Thanks for the reply - I think that covers using business funds to purchase another property.

How about if I just want to take money out of the business?
by m_hobbshot
Fri Oct 02, 2020 11:36 am
Forum: Functional Support
Topic: Purchase new property & taking money out
Replies: 2
Views: 1691

Purchase new property & taking money out

Hi, I am trying to work out how best to reflect money from the portfolio being used towards the purchase of a new property. Does anyone have any ideas? Also if I wanted to take money out of the business, would this need to be reflected via the Director Loan journal method that others have suggested ...

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