Where is that calculator?
So you could roughly assume for every 12 months you get ~9 months of rent as income? That's not chump change - it'd buy at least a week's beer. :)
I guess I'd need to speak to an accountant to see if the extra income messed with my tax or whatever.
It will mess with your tax now and it will mess with your tax later (when you sell).
By then I'll be able to afford an accountant with all that magic tax haven skill though, right?
@Howard started
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Where is that calculator?
So you could roughly assume for every 12 months you get ~9 months of rent as income? That's not chump change - it'd buy at least a week's beer. :)
I guess I'd need to speak to an accountant to see if the extra income messed with my tax or whatever.