Let it out at a rent that covers all costs This isn’t necessarily as easy as it sounds, because yields and capital growth often work against each other. It is generally true that the higher the yield, the less expectation there is in the market of capital growth. Conversely, the higher the likelihood of capital…
Is the plan I outlined in the Part 1 to make unlimited tax free wealth realistic? Actually, I think it is, but there are a few practical issues which need further thought and attention if the investor is to stay on track. Let’s have a look at these now under these headings: Buy a property…
Robert Allen, self made American property millionaire and guru, in his excellent book ‘Nothing Down for the 1990s’, suggests an interesting plan by which we can all retire early and live off a plentiful supply of untaxed income. Does this sound too good to be true? Well, actually, it probably isn’t, although there are some…
My wife and I each have a stupid amount of money tied up in personal pension plans which we paid into many years ago when we were both employed. It’s sat there doing nothing and if it were used to buy an annuity, we’d get nothing helpful by way of income. Have the recent budget…