D Dunners Registered User Messages 122 29 Sep 2005 #1 Probably a silly question, but how is tax on rental income calculated - is it on the entire rental income, or is it just on the profits made after mortgage is deducted? thanks!
Probably a silly question, but how is tax on rental income calculated - is it on the entire rental income, or is it just on the profits made after mortgage is deducted? thanks!
R RainyDay Registered User Messages 4,505 29 Sep 2005 #2 Have a look at the FAQ's in the Property Investment forum.
D Dunners Registered User Messages 122 29 Sep 2005 #3 perfect, thanks for the speedy response RainyDay!