All Topics / General Property / losing badly i think

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  • Profile photo of sally1sally1
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    @sally1
    Join Date: 2003
    Post Count: 11

    my total rental income is49300 say the refinance repaymants of approx 36000 leaves 13300 up to date ive had 99%tenancy take into acount body corp council and property management fees say 15000 total allowing for repairs etc leaves 1700 loss per year 32 per week a dam site better than 23537 per year even though i get 4200 back in tax thanks for stinging me into action guys time to see the accountant
    cheers chris

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