All Topics / Finance / advice on using main residence as rental property

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  • Profile photo of garoopnagaroopna
    Member
    @garoopna
    Join Date: 2009
    Post Count: 3
    July 11, 2009 - 12:42 am

    We have been given the opportunity to put our house on the rental market and rent elsewhere for cheaper. Does anyone think this is a good idea or has had experience doing this? What could our financial benefits be? Any advice would be appreciated.

    Profile photo of Michael.LeeMichael.Lee
    Participant
    @michael.lee
    Join Date: 2009
    Post Count: 106
    July 11, 2009 - 2:42 am

    Gidday Garoopna… I think you need to post this in the Legal & Accounting forum as you're really dealing with cashflow advantages/disadvantages and CGT and PIT issues, rather than a financing question.

    Profile photo of garoopnagaroopna
    Member
    @garoopna
    Join Date: 2009
    Post Count: 3
    July 11, 2009 - 9:41 am

    thanks will do..

Viewing 3 posts - 1 through 3 (of 3 total)

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