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Post by gravitykillz on Jan 24, 2020 13:58:59 GMT
Just noticed this website called uown seems quite similar to British pearl. Was wondering if anyone had any feedback about it ? Is it worth a small punt ?
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Post by Ace on Jan 24, 2020 16:55:14 GMT
Just noticed this website called uown seems quite similar to British pearl. Was wondering if anyone had any feedback about it ? Is it worth a small punt ? Yes, I'm in some of their deals. One has successfully completed with a high percentage return. There's a board on them here. I'll let you read it rather than repeat the info here. EDIT: Fixed link.
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Greenwood2
Member of DD Central
Posts: 4,385
Likes: 2,784
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Post by Greenwood2 on Jan 25, 2020 8:47:33 GMT
What are the tax implications of uown? I looked at them before but was a bit confused about how the various elements would be taxed.
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Post by gravitykillz on Jan 27, 2020 21:23:27 GMT
I'm gonna have a punt. Thanks ace!
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Post by Ace on Jan 27, 2020 23:00:28 GMT
What are the tax implications of uown? I looked at them before but was a bit confused about how the various elements would be taxed. According to the tax statement: Rental income and development profits are listed as dividends. Profits/losses from selling rental properties and transaction costs are shown as capital gains/losses. I haven't needed to complete a tax return this year, so I haven't done much investigation yet. Does anyone know if it's legitimate to consider transaction costs as a capital loss?
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Post by Ace on Jan 28, 2020 8:50:37 GMT
Is it profitbale for invest? I've only had 1 investment complete so far, but it did very well; see p2pindependentforum.com/post/342559/thread. I have also received regular rental income from the BTL type loans on time.
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travolta
Member of DD Central
Posts: 1,506
Likes: 1,214
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Post by travolta on Jan 28, 2020 20:51:29 GMT
Strange,I just registered too. Anything to get away from growling at Property Partner.
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