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Should we become a company ?

Questions & AnswersCategory: General QuestionsShould we become a company ?
Chell empire asked 4 months ago

Moving home due to job promotions has left us with a trail of 3 houses in different towns. House 1 already has a buy to let mortgage. House 2 needs to change from residential mortgage with permission to let to a buy to let as we are not now going back. House 3 is about to be mortgaged  as buy to let to raise deposit for house 4 which we will live in ourselves.  House 2 may be sold in the next year and will attract a small amount of capital gains tax.
What are the advantages/disadvantages of becoming a property company? What types of company could we be?

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