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7.7% growth per year, tax free!!!

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    #11
    Wouldn't putting money in a REIT be simpler if you want to cash in on the impending property booms?

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      #12
      Originally posted by Zero Liability View Post
      Wouldn't putting money in a REIT be simpler if you want to cash in on the impending property booms?
      I am betting on the now imminent house price crash.

      For 15 years now ...

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        #13
        Originally posted by MarillionFan View Post
        I bought a forth house today.
        In the river itself, or on the bank?

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          #14
          7.7% growth per year, tax free!!!

          I ken. Two BTL's in the UK and don't even live in the country.
          "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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            #15
            Originally posted by scooterscot View Post
            I ken. Two BTL's in the UK and don't even live in the country.
            Don't worry the Tories want to change the law to screw you if you sell. If the houses are in Scotland you will definitely be screwed....
            "You’re just a bad memory who doesn’t know when to go away" JR

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              #16
              Originally posted by SueEllen View Post
              Don't worry the Tories want to change the law to screw you if you sell. If the houses are in Scotland you will definitely be screwed....
              Why screw? Only make pay CGT on capital gains, what's wrong with that? Everybody else in UK have to pay it (apart from MP flipping houses).

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                #17
                Originally posted by SueEllen View Post
                Don't worry the Tories want to change the law to screw you if you sell. If the houses are in Scotland you will definitely be screwed....
                They're looking to charge GCT to non-residents with UK assets? That'll be popular.

                Currently if I want a better return on my investments the rent goes up. Simples.
                "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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                  #18
                  Originally posted by scooterscot View Post
                  They're looking to charge GCT to non-residents with UK assets? That'll be popular.
                  That's one of the changes announced in pre-budget.

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