Rental income is usually negative:
Rental income - Part of mortgage - insurance - maintenance - depreciation (= improvement value/ 17.5 years) - advertisement - ...
= minus $ !
The rent you pay is living cost, irrelevant to rental income.
Rental income is usually negative:
Rental income - Part of mortgage - insurance - maintenance - depreciation (= improvement value/ 17.5 years) - advertisement - ...
= minus $ !
The rent you pay is living cost, irrelevant to rental income.