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Capital Gains tax: buy-to-let investors must tear up retirement plans
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Thrugelmir wrote: »On that basis your tenants would need a compound pre tax rise in income of over 3% every year for 20 years to meet the net rent of £800. If they are to maintain their standard of living.
Not unlikelyThrugelmir wrote: »On the same basis of 3% inflation, your costs would rise from £6,000 to over £10,800 in the 20 years.
The majority cost is mortgage interest and is not subject to inflation.
GGThere are 10 types of people in this world. Those who understand binary and those that don't.0
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