News for hackers. Stuff that matters.

A comment on The Rise of the Rich Renter. Parent comment

Re:The Rise of the Rich Renter by jeffdavis on Saturday October 07, 2017 @05:17PM (#15425755)
Consider maintenance costs, vacancies, and management fees. Those can take a huge bite out of your rental income and easily drive you into the red.
[ Parent | on HN ]
Re:The Rise of the Rich Renter by walshemj on Saturday October 07, 2017 @05:22PM (#15425777)
not if you run it as a property company and not directly own them
[ Parent | on HN ]
Re:The Rise of the Rich Renter by jeffdavis on Saturday October 07, 2017 @05:36PM (#15425838)
Can you please explain?
[ Parent | on HN ]
Re:The Rise of the Rich Renter by walshemj on Saturday October 07, 2017 @08:35PM (#15426425)
You set up a company who owns the property's you can then claim expenses back against tax - you then pay your self a dividend.

As opposed to you owning the houses directly

[ Parent | on HN ]