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Man disgusted w/high gas prices rides horse to work.
In article ,
Hamish wrote: "Oz" wrote in message ... The alternative is to buy your own house. A tenant could have bought his house in the village fairly easily in the 70's, heck even the 80's, with a mortgage. I know some that did. I believe at on time it was common for people in the services to buy a house and let it out until they left the services. There were I believe special tax and letting law to allow this to work, i.e. no capital gains tax liability as it was not a primary residence and tenents could be more easily evicted than was typical for the period. If you are in a convenient area it may be worth letting your house to the US military service. They will guarantee to get out when you want it back - or used to, anyway. Our neighbours did this and the tenants moved out immediately for short-term accomodation when they wanted the house back although the tenants only had a few weeks more they had wanted to stay anyway. Jane -- Jane G : : S Devon |
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