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Home rental prices


missmuffet

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Yes absolutely. Lets get all christians together buy up rent out to eachother/own together cheap:)

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I own a duplex rent to 2 friends. I have the bill for mortgage 850.00, taxes 300, pest control 119. What rentors do not know. I have to claim the rents and write offs. Pay taxes on any profit. But when you do the taxes you have to check rent in your area. If your rent is under the rents in your area you have to raise it. To rent property you have to operate for profit or you have to claim rents as other income without write offs pay full taxes on it.

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