3 ms·
I do this too, but it's only the best way to do it if you really need the mobility. I own property in my home town, but will sell it and buy locally as soon as
by hugh3 17y ago
I do this too, but it's only the best way to do it if you really need the mobility. I own property in my home town, but will sell it and buy locally as soon as I decide where I'm likely to be living in the long term.
The main problem is that the rent I receive is taxed as income and the rent I pay isn't tax-deductible.
- jluxenberg 17y agothe main problem is that the rent I receive is taxed as income and the rent I pay isn't tax-deductible Your costs as a landowner are tax-deductible, right? So you're only taxed on actual profit? Doesn't seem like you should be any worse off