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How to make money through self-storage
Posted onThere are a number of ways people use self-storage to help their business – for example, it can be a secure way to store excess stock without the steep up-front costs of investing in a warehouse. However, there’s another way self-storage can help ordinary people make some extra cash on the side. Many people have a spare bedroom in their house, especially older people whose kids have grown up and left the nest. This room often lies neglected and becomes a general storage space, but there could be a better way to use it: put what you want to keep in a secure self-storage unit, and rent out the room to lodgers or travellers. The Rent a Room Scheme Since 1997, homeowners have been able to rent out a furnished spare room in their houses and can earn up to £7,500 tax-free a year for doing so. This threshold used […]
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