eaglesdare
Member
- Country
- England
Plus the mortgage changes to an investment mortgage and goes up 2.5 percent. And on top of that the extra tax. Ideally I would love a young working couple. But I can't not take travellers, immigrants or anyone on the HAP.Cash is king. If you let revenue know - it's definitely not worth it. Look at the tax implications. I believe you'll immediately lose more than a third - before anything else. It will tack on to your other earnings on top. You'll be forced to register/ pay for inspections and explain why you didn't want travellers.
Those genuine Asylum seekers, who certainly haven't been thrown out of anywhere before they get here, need our tax money. And remember the Vulture funds don't pay tax on rental incomes. Not at all a con. Trust our government.