I bought a rental house last year to take advantage of my wifes

Hi

Thanks for your response

Then it would be best to keep them in just your wife's name, for the following reasons

1) Whilst there are tax savings to be made, by buying properties through a limited company on an annual basis, the accountancy costs far outweigh the tax savings, as you then have a Companies House tax return, Corporation tax return, Payroll to run, Self Assessment tax return and employment page (as director of the limited company) Expense and benefits returns, and this is costly. As opposed to just a self assessment tax return and rental income section.
2) When you own properties personally, you can take advantage of the annual exemption allowance when the property is sold (allows up to £10,600 exempt) limited companies do not get this exemption allowance
3) To then transfer the existing property into the limited company, would trigger a capital gain itself, due to change of ownership (although I imagine the value between purchase and transfer would not have exceeded more than £10,600, so there would be no capital gains tax to pay, but another accountancy cost to declare the gain existing by virtue of the transfer)

So my advise leave these in your wife's sole name.

Thanks

Sam