Thread: Buying a property with rental potential
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Old 22-01-2008, 01:16 PM
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If you have permanent residency, then it's not a problem. Renting a house or a unit with a house would be classed as income, so you would be responsible for paying the appropriate tax. There's many different methods or channeling how you deal with rental funds, so it's really best if you speak to an accountant before thinking about it. But apart from how you wish to deal with the financial aspect, having rental property is fine.
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