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hamilton
Apprentice
Joined: 09 Jul 2004
Posts: 2
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 Posted: 04/14/08 - 06:57 Post subject: |
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| I have recently started thinking about renting out my property. I would benefit from getting some extra money every month. However, I would like to know if I could invest rental income in pension. If anyone could tell me, that would be great and would mean a lot to me. Thanks in advance. |
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alfons
Apprentice
Joined: 21 Nov 2005
Posts: 1
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| Posted: 05/14/08 - 02:08 Post subject: |
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Investing in your pension is really something that could be of immense value in the future. There are many ways to do that and you can certainly use the money from your rents. However, be sure that you will have enough profit from the rent. Sometimes you can have an illusion that you will earn a lot of money, while at the same time earning much less because of the various expenses, for example, those of covering your mortgage if you have one (or if you had a buy to let arrangement). For some more info, go to http://www.personal.barclays.co.uk/BRC1/jsp/
brccontrol?task=homefreegroup&value=
12293&target=_self&site=pfs. |
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