How should landlords with multiple properties deal with the tax issues?

He also points to an issue that, when it comes to the limited company structures, could catch out landlords later in life.

“Property rental businesses are considered to be investments by HM Revenue & Customs, which means that they do not qualify for relief from inheritance tax on death,” he says. “However held, a property portfolio can create a real problem when its owner dies, because a 40 per cent tax liability can arise on assets that can be difficult to sell in a hurry.”