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Shane Sutherland
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Shane Sutherland
Same here....selling at least one per year...I know selling more than one in a financial year will cost me a bit more in capital gains tax but I'm at the point now where I really don't care and just want to sell everything and get out of the cess pit.

From: Shane Sutherland 12 January 2022 19:27 PM

Shane Sutherland
Brilliant Tony. My story is very similar to yours and I too am on the Airbnb path and intending to sell the rest of my portfolio. Being a PRS landlord nowadays isn't worth the hassle ....there are easier ways to make a living.

From: Shane Sutherland 11 January 2022 12:54 PM

Shane Sutherland
100% Correct Dominic. I have 12 properties. I have sold one, I'm selling another once the tenants notice is up in March and the rest will follow year by year. I converted 2 of them into holiday lets but it seems that landlords are kicked where it hurts no matter which way they turn. We're not treated as legitimate businesses, taxed unfairly and it seems we have very few rights when attempting to gain possession of our properties and try to protect our investments when tenants don't pay their rents etc, quite the opposite; we are treated like scum. Why would I want to continue in such a one sided business? I'm pulling out and it feels good just knowing that. Enough is enough. Time to find somewhere else to invest my hard earned cash.

From: Shane Sutherland 10 January 2022 12:42 PM

Shane Sutherland
They can change the name but nothing will change....we will still be made to jump through ever increasing hoops, face ever increasing obstacles and be forced to pay unfair taxes...I can't wait to sell my portfolio....I have provided good, well maintained homes for 20 odd years but I can see where it's going and I'm getting out before it's too late. I won't be waiting for more and more of this sh*t.....I'm going whilst the going is still relatively good....Adios amigos!

From: Shane Sutherland 07 January 2022 00:07 AM

Shane Sutherland
Well said. I too will be selling my second property in March followed by the other 10..enough is enough. I'm itching to leave the whole sorry game... There's got to be better places to invest my hard earned dough

From: Shane Sutherland 05 January 2022 08:13 AM

Shane Sutherland
Interested to hear how it went? I considered changing from gas to electric in one of my rentals recently.

From: Shane Sutherland 24 December 2021 15:03 PM

Shane Sutherland
I'm getting out of the game before it's too late. Enough is enough... That'll be a dozen less rental properties available...

From: Shane Sutherland 23 December 2021 13:52 PM

Shane Sutherland
Me too. I've sold one. I have tenants on their notice which ends in March and will be selling that one ASAP followed by the other 9..... Enough is enough! I can't wait to get out of the rental game. There's just not enough profit in it any more after taxes, expenses and all the hoops you have to jump through.

From: Shane Sutherland 20 December 2021 12:43 PM

Shane Sutherland
I'm using 2 of my properties as Airbnb rentals and will continue to do so. I will be selling all my residential lets. Enough is enough

From: Shane Sutherland 13 December 2021 08:04 AM

Shane Sutherland
I give a 10% discount for any bookings of 1 week plus....I'd be delighted to get long term bookings on those terms.

From: Shane Sutherland 17 November 2021 14:29 PM

Shane Sutherland
That sounds quite good. I have a couple of Airbnb properties and quite like the idea of having long term guests with full cover.. Less changeovers... Win win. 👍

From: Shane Sutherland 17 November 2021 07:44 AM

Shane Sutherland
Wtf has oil trading got to do with it?

From: Shane Sutherland 16 November 2021 17:09 PM

Shane Sutherland
Typical council response. I can't wait to sell all my properties and escape the madness!

From: Shane Sutherland 10 November 2021 13:49 PM

Shane Sutherland
This pr**k is totally out of touch and hasn't got a clue, like so many others. Can't wait to get out of this mugs game.

From: Shane Sutherland 26 October 2021 18:24 PM

Shane Sutherland
What a c**k. Holiday lets create income which results in tax being paid... Just like any other business... I've got 2 Airbnb properties and 8 residentials... Im selling off the residentials... Not worth the hassle any more or the unfair taxes etc.

From: Shane Sutherland 20 October 2021 10:53 AM

Shane Sutherland
There is no rewind button.... They will continue to hammer landlords into the ground... It's all part of the bigger picture... Whatever that may be... I've got tenants on notice to quit and will continue the trend, selling up as I go... Enough is enough... I'm getting out before they start fines for landlords who dare to sell their own properties... Nothing world surprise me any more. I'm out!

From: Shane Sutherland 05 October 2021 09:05 AM

Shane Sutherland
Theo do anything to make it more awkward for landlords

From: Shane Sutherland 29 September 2021 08:07 AM

Shane Sutherland
100% George Dawes. I'm one of those landlords selling up... There's got to be a better way of making a living.

From: Shane Sutherland 29 September 2021 08:04 AM

Shane Sutherland
??? Why not?

From: Shane Sutherland 27 September 2021 11:38 AM

Shane Sutherland
I'm bailing out......enough is enough!

From: Shane Sutherland 21 September 2021 22:13 PM

Shane Sutherland
That's why I'm selling up... I'll be keeping a couple for Airbnb.. Better orption, better money, less hassle. The government can find homes for my tenants... I've had enough of being classed as scum.

From: Shane Sutherland 20 September 2021 11:28 AM

Shane Sutherland
Correct...I will increase rents whilst selling other properties... Why don't they tax plumbers more or bakers or Amazon? What is it with landlords that they have to be constantly hit below the belt?

From: Shane Sutherland 11 September 2021 13:36 PM

Shane Sutherland
George Dawes... I've got 2 Airbnbs that are doing quite nicely thank you. They used to be let out as residential lets but goverment rules and regs and unfair taxes made Airbnb the obvious choice... I'm making Much more profit than I would have done letting them out to people who don't look after them, don't pay the rent and leave the place filthy and whine about their rights, backed up by the government. I got off my posterior and worked hard to build my business and I'll run it my way. People like you are the menace.... Not the hard working landlords who provide the homes that the local authorities have failed to provide.

From: Shane Sutherland 06 September 2021 07:19 AM

Shane Sutherland
Bang on the nail! We landlords are expected to be taxed unfairly and differently to other businesses and then expected to just let tenants live in our properties rent free whilst we jump through hoops to remove them. 2 of my portfolio are now holiday lets. Best move I've made in a long time.

From: Shane Sutherland 09 August 2021 09:03 AM

Shane Sutherland
Airbnb has been great for me. I have a portfolio of buy to lets and now 2 of them have become holiday lets. Airbnb is a great platform to use and they take 2 or 3%...what's not to like?"Also, holiday lets are more tax efficient. I'm making much more money than I would have made using these properties as residentials and I've no worries about getting rid of bad tenants. Will I be re-letting any of my properties as residential lets once a tenant leaves?.... Absolutely not!!! Short term holiday lets are the way forward for me. If I'd been treated as a legitimate business as a residential landlord and not been made to jump through countless hoops I would have happily carried on supplying rental properties. It seems the government want landfords to supply properties and be treated like something on the sole of their shoes..... No more for this landlord... As they say in the Dragons Den... "I'm out!"

From: Shane Sutherland 02 August 2021 08:25 AM

Shane Sutherland
Grace, you really don't have a clue do you? Do you have any experience of running buy to lets paid for by your own hard earned cash?

From: Shane Sutherland 09 July 2021 08:24 AM

Shane Sutherland
Why should landlords not do what they like with their own properties? If they were treated better and fairly there wouldn't be this mass exodus. I will NOT be taking any more tenants on...EVER.. I am selling up, one by one I've had enough.. The couple of holiday lets I have are a lot less hassle. I'm not a charity, I'm a business... Just a pity HMRC and the councils don't see it that way.

From: Shane Sutherland 09 July 2021 08:08 AM

Shane Sutherland
Not all mortgage companies are flexible when it comes to change of use... They want the extra percentage in my experience. I can't understand why holiday let rates should be higher than buy to let. Just a money spinner.

From: Shane Sutherland 29 June 2021 11:28 AM

Shane Sutherland
I can assure you that I won't be investing... I'm starting to reduce my portfolio... It's far from the attractive investment it was when I started out 20 plus years ago.. I'm getting out whilst the goings 'good'.

From: Shane Sutherland 25 March 2021 09:33 AM

Shane Sutherland
When is this crap all going to end? Pay your rent or do the decent thing and get out... Same as any business transaction... If you cant afford it don't buy it.

From: Shane Sutherland 18 March 2021 12:57 PM

Shane Sutherland
Unbelievable... It seems like open season on landlords! Anyone else want to have a go?

From: Shane Sutherland 16 March 2021 13:07 PM

Shane Sutherland
You can keep pushing the rents up but eventually they will become unadfordable.. Bottom line is.... When they stop paying the rent you can't get them out.. I know through bitter experience... That's why I'm selling my portfolio... Been doing this for 20 plus years... Time to try something else... Not sure what though

From: Shane Sutherland 15 March 2021 09:44 AM

Shane Sutherland
Imagine someone on benefits trying to arrange finance for a new car... They would be refused because they couldn't afford the payments... Would the finance company be charged with discrimination? NO! Why should it be different for landlords?

From: Shane Sutherland 25 February 2021 14:24 PM

Shane Sutherland
Imagine someone on benefits trying to arrange finance for a new car... They would be refused because they couldn't afford the payments... Would the finance company be charged with discrimination? NO! Why should it be different for landlords?

From: Shane Sutherland 25 February 2021 14:24 PM

Shane Sutherland
Well said Andrew Townshend.....people expect everything for minimum effort these days! I built up my portfolio from the sweat of my back and focusing and saving for the next deposit to invest in the next prroperty.....it CAN be done. If people don't want to graft to get on in life, that's their choice but they have NO right to expect us hardworking individuals to give them free/cheap homes. I'm running a business (I wish HMRC would recognise that) not a charity!!!

From: Shane Sutherland 10 February 2021 11:31 AM

Shane Sutherland
I looked into renting a property to the council in Inverness....not only were they offering WELL below market rent, they also said if the boiler etc were to breakdown they would be looking to me to arrange repairs!! Also the property would have to meet their criteria prior to them signing a lease...That wasn't a concern for me as my properties are kept to a good standard anyway but I walked away sharpish from them...It seems to be all take, take , take from landlords...enough is enough!

From: Shane Sutherland 10 February 2021 11:19 AM

Shane Sutherland
Keep taking the rent and the ever increasing bulls**t we've got to eat...If we don't sell they'll just think of some other way to screw landlords....we're powerless and they can do what they like. Some landlords will have no choice and will be forced into selling due to bad tenants, government legislation etc. I got into the game over 20 years ago to provide a pension for myself...I've got 11 properties left and I'm going to be selling them one by one as tenants leave....I've had enough...I've changed 2 of my properties into self contained holiday lets....patiently waiting for some business now...

From: Shane Sutherland 10 February 2021 11:09 AM

Shane Sutherland
Blatant disregard for their client/landlord. Shocking. They should be penalised heavily for that.

From: Shane Sutherland 28 January 2021 16:26 PM

Shane Sutherland
Nothing wrong with AirBnb. I'm in Scotland . It works very well for me. Who can blame landlords for trying to escape from the nightmare world of long term renting when tenants have all the rights, and will take full advantage of them? Landlords are treated like scum by the government, no help when attempting to evict non payers etc, in fact, as far as I can see they put obstacle after obstacle in your way. We're also taxed differently to everyone else in the country. Not recognised as a legitimate business yet taxed more than anyone else. I've been a landlord for over 20 years now. and have 12 properties, 2 of which are legitimate AirBnb/holiday lets.....less hassle, more profit, property is maintained , I can sell it when/if I want with no lengthy notice periods etc. I've had enough of long term lets and will be selling the portfolio one by one. Enough is enough.

From: Shane Sutherland 25 January 2021 11:51 AM

Shane Sutherland
What's this crap all about? This is 2021...not 2018.... .give us up to date news or don't bother!!!

From: Shane Sutherland 12 January 2021 10:38 AM

Shane Sutherland
Well said!

From: Shane Sutherland 12 October 2020 20:46 PM

Shane Sutherland
Buy to let landlords aren't really recognised as businesses by HMRC. They're seen more as housing charities that they can tax unfairly and rip off over and over again. We're taxed on turnover not profit like other businesses.. That's criminal!!! No way would I recommend someone coming into this game these days. I've had enough of being played for a mug and will be selling the portfolio. Someone else can take on the responsibility of housing these people..

From: Shane Sutherland 04 September 2020 07:44 AM

Shane Sutherland
Can't wait to sell the portfolio and escape the madness... Enough is enough!

From: Shane Sutherland 01 September 2020 17:48 PM

Shane Sutherland
Shelter need their arses kicking! Just like the HMRC they see landlords as a charity not a bone fide business. Unbelievable what we have to put up with... Can't wait to get the whole portfolio sold... Enough is enough

From: Shane Sutherland 13 August 2020 15:10 PM

Shane Sutherland
I have 11 reveal properties and the cost of transferring them into a ltd Co was ridiculous. I was advised not to. I'm selling up instead... One per year... I've had enough... Got to be an easier way to earn a living!

From: Shane Sutherland 11 August 2020 06:58 AM

Shane Sutherland
Yes I'll be joining the herd... Sell up and move on... Enough is enough

From: Shane Sutherland 17 July 2020 15:53 PM

Shane Sutherland
Keep taking the income.... And even more obstacles, legislation and unfair tax charges etc... Each to their own I guess... But I'll be reducing my portfolio considerably... I've had enough... Got to be easier ways ofmaking a living.

From: Shane Sutherland 17 July 2020 15:49 PM

Shane Sutherland
Hurry up and buy more headaches.... That'll be shining bright! Its sell, sell, sell for me... Why would anyone want to buy into the landlord game these days? Time to move on to pastures new for me... I've had enough.

From: Shane Sutherland 17 July 2020 15:44 PM

Shane Sutherland
Me too.. Been doing it for 20 odd years now but like you say enough is enough.. I've had enough of being used and abused.

From: Shane Sutherland 22 June 2020 18:30 PM

Shane Sutherland
I read this the other day.. Tell us something new!!

From: Shane Sutherland 25 May 2020 17:37 PM

Shane Sutherland
Landlords encouraged to buy more properties so they can be shafted all over again with unfair taxes and legislation. I won't be adding to my portfolio, I'll be reducing it.

From: Shane Sutherland 18 May 2020 10:06 AM

Shane Sutherland
Same here Martin. I'm sick to death of it all and have decided to sell up.. One or two a year.. There goes my pension! I don't see life getting any easier for landlords in the future so I'm bailing out. I didn't invest in property to become a charity and it seems more and more that this is what expected.. Free rent, and hurdles every way you turn when you need to make a genuine eviction.. It's almost impossible... So I've decided it's just not worth the hassle...

From: Shane Sutherland 17 May 2020 08:29 AM

Shane Sutherland
Tut tut Ray. Get some grammar lessons and do some actual research before you start mouthing off on here about a subject you obviously don't have a clue about. I have a dozen properties... all achieved by the sweat of my brow.... Jealous? Yes I think you are... but then again... you could have done the same thing if you had the guts and the inclination. Don't knock others who are prepared to work hard for a better life and we won't knock the likes of you.. who aren't. I'll be starting to sell my properties off one by one as a result of the way landlords are treated and will be making a tidy profit even after I pay my taxes... It's a shame for the tenants who will have to find somewhere else to live but what can one do? I'm looking forward to pondering over what to do with all that lovely profit that my hard work has made for me . Decisions decisions.... 👍🏻

From: Shane Sutherland 13 May 2020 10:20 AM

Shane Sutherland
Well said. 👍🏻 Couldn't have put it better myself.

From: Shane Sutherland 13 May 2020 09:45 AM

Shane Sutherland
You're 100% correct there. It feels like landlords are treated like a charity and a subsidy to the lack of rental properties. There's plenty of support for tenants (good AND bad) and Sweet F A for good landlords We're not really recognised as a business and are taxed differently and more than other businesses...if they are trying to make us throw the towel in they are doing a great job. I'm downsizing big style after the lockdown...it's too much hassle....time for a change of direction...maybe commercial property...at least it's treated like a proper business....at the moment!

From: Shane Sutherland 12 May 2020 11:18 AM

Shane Sutherland
What a cheek asking for help after shitting on landlords! I'm selling my 12 properties and getting out...I've had enough!

From: Shane Sutherland 09 February 2020 17:01 PM

Shane Sutherland
Landlords are being shat on from a great height and this is unlikely to change....I have a dozen rental properties and have decided that I will sell one or two a year until they're all gone (first one was sold last year)...I've had enough! I'm out!!! Time to invest in something which is taxed fairly like other businesses.

From: Shane Sutherland 09 February 2020 16:57 PM

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