Search results

Hi all, I am filling this out on behalf of a member of my family who is looking for advice on how best to manage the remaining years after having retired. He has some cash saved, and is receiving a pension but he is finding it difficult to make ends meet and looking for options that might...

Some equipment and vehicles, but they wouldn't be more than 20% of of the value of the business...

Hi all, I'm looking at buying a business from a friend who is looking to sell up early next year. He is not interested in offering any seller financing so I'm in a position where I need to borrow to fund the acquisition. The business is profitable, has stable cash-flows and has accounts for...

Thanks! I'm not finding much info out there about this. Is this similar to a SSAS/SSAP where a trustee is required? Or are there significant differences that I should be aware of?

Good afternoon all. I'm wondering if it's possible to allocate a portion of of pension funds inside a PRSA towards investing in property? If so, can the investment be made directly, or is it only available indirectly via the likes of REITS (or both)? Thanks!

Very helpful replies, thanks to all! I have a follow-on question that just occurred to me to ask... The company has two directors. One of the directors has a minority shareholding of just 1%, another with 99%. With all else being equal (salary, length of service etc), are both directors...

Thanks Gordon. Is there a minimum salary that must be paid in order to start funding a pension? For example, if the director were to receive a nominal salary of say €5k/yr could the company then contribute to the directors PRSA? The Director has been working part-time (~15-20hrs/wk) in the...

Hi all, I am wondering if it is possible for a Ltd Co to contribute to a PRSA on behalf of a Director if the director is receiving no salary from the company. If possible, are there specific restrictions and how are the limits calculated? Thanking you!

Can you sell it back to the place you bought it from?

Anyone have any ideas to point me in the right direction?

Hi folks Is it possible to purchase US government t-bill or bonds from Ireland? Seems that it is not possible to purchase directly from the US treasury as you need a social security number etc. I also had a look at the ishares 0-1yr etf but can't seem to find any details as to the coupon...

I feel like I'd have trouble pulling the trigger on any equity investments tbh, whether that was an ETF, investment trust, individual stocks or combination of same. We are pretty risk averse by nature and having seen the markets pull back over the past few months is scary.

Good point. CGT bill would be around €12k for either property. Unfortunately it's not higher! haha

Yes, all income is split 50/50 and we are separately assessed.

Sorry, the monthly take home is our total after tax income (self-employed + rental income) combined.

Hi all, We currently have two rental properties and have been considering selling one of them to diversify our investments. Our tenant has just informed us that they will be ending the tenancy, so now could be an opportune time... Interested to get other's thoughts on this. Personal details...

Where is the property and what is market value? Depending on where its located will depend on how quickly you can offload it. Even in Dublin in an affordable price range, you'll need minimum 3 months once it's listed before it's sold! Longer if it's in a slower part of the country. You could...

May I ask what your criteria is when deciding to invest while aiming for the 7% return goal? Is it a mixture of dividends (what's your min divy return?), capital gain, trading?

@galway_blow_in I'd be interested to see what you decided to do and hear if it panned out as a you expected? I'm in a similar position as you were, albeit almost 3yrs later...

Interested to hear people's thoughts on the Crowdcube platform of equity investments in non-public businesses. I don't get why someone would invest as I see no way of getting funds back without the company being sold, or publicly listed on a stock exchange. Thoughts? https://www.crowdcube.com