Most property investors operate their property business either as a 'private landlord', or as a company. In some cases, an LLP ('Limited Liability Partnership') may prove to be a better, or additional structure, to use.

What is an LLP?
An LLP is a type of partnership, that provides all the flexibility of a traditional partnership, with the 'limited liability' that limited companies enjoy.  

However, the 'price' of this extra protection is the requirement to file accounts on the public record at Companies House. This is a major issue for some investors who want to keep their affairs away from nosey neighbours! And, there are extra accountancy fees to deal with the extra accounts required.

LLPs can enter into contracts in their own name (rather than the investor's personal name), and are a separate legal entity to
the owners. 

What about the tax treatment of LLPs?