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Replying to @Raj Even if your property is mortgage free, you still pay tax on the profit 💡 Example: £1,000/month rent ➖ expenses (agent fees, repairs, insurance, etc.) = taxable
Ravi Shah(@accountant.ravi). original sound - Ravi Shah. Replying to @Raj Even if your property is mortgage free, you still pay tax on the profit 💡 Example: £1,000/month rent expenses(agent fees, repairs, insurance, etc.) = taxable profit 💰 📩 Email me if you’d like a help 👇 #LandlordTips #Landlord #Tax #VinodShahCo #Fyp
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