The PRS Database stopped being an abstraction this summer. The government has been beta-testing its “Register your rental property” service with real landlords, who registered actual properties and were issued a Landlord Registration Number and a Property Registration Number. The shape of the live system is now reasonably clear, and the rollout is planned to
Charles Lew is the owner of The Lew Firm, & LA Small Business Commissioner. Charles writes & speaks on the confluence of AI and the Law. Back in 2020, I wrote a piece for Forbes called “In A Digital World, Your Most Valuable Property Is Intellectual.” I opened with a question. How do you protect
The common property rite of passage for graduates and career-focused first jobbers has changed over the past decade. Many careers used to start in London, and an early house-share would be followed by a first flat purchase, then a move to somewhere bigger. However, the heavy burden of housing costs in the capital is making
Key Takeaways Listed property includes assets like vehicles and entertainment devices used over 50% for business to qualify for tax benefits. Section 179 allows businesses to deduct most of an asset’s cost in the year it’s put into service if used mainly for business. Accurate records are crucial to prove business use and qualify for
It is twilight on a desirable street in Chiswick, or it could be Hampstead, Wilmslow or Hove. A spectacular sunset has left a vivid stripe of orange fading into a violet sky. Against this saturated backdrop, a large Victorian house is clearly outlined despite the darkening atmosphere, perhaps thanks to the lights blazing from every
Selling a rental property sounds simple until one question changes the entire strategy: do you sell with the tenant in place, or wait until the property is empty? There’s no universal right answer. The better option depends on who is most likely to buy the property, how strong the tenancy is, how quickly you need
Madonna may be in her 43rd year of fame and onto her 15th album, which is called Confessions II, but there’s no sign of slowing down for the pop Queen. Last month, the 67-year-old surprised America with an unannounced Times Square performance and there are rumours swirling that she could be singing at London Pride
The average UK home is now worth £270,080, with the latest Land Registry figures showing annual house price growth of 3.8%. However, these figures need to be approached cautiously because changes to stamp duty thresholds in England and Northern Ireland last April have influenced year-on-year comparisons. Data also shows that prices jumped up marginally, by
Key Takeaways A property manager oversees daily operations of real estate, ensuring tenant satisfaction and property upkeep. Property management can be tax-deductible for property owners as a business expense. Property managers handle tasks like tenant placement, rent collection, and property maintenance. Hiring a property manager is beneficial for distant owners or those preferring not to
Key Takeaways Land value is the total worth of a property, including the land itself and any improvements made to it. Professional appraisers evaluate land value by assessing benefits, risks, and market conditions. Factors like location, demand, and access to resources can increase land value, while environmental risks and legal restrictions can decrease it. Understanding