Thanks all for the perspectives.
The only reason I was asking about the mortgage is because they do have a term in my mortgage around not leasing without the lender's permission. I'll ask my accountant about the 45(2) election.
Obviously the rental income would be a bonus, as long as it's not going to be a headache.
Quote:
Originally Posted by sdubfid
I use a property management company who takes care of sourcing a tenant, inspections, deals with repairs etc. They take a 10% cut but honestly I forget I even have properties because it’s so seamless.
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Are you willing to recommend a company? 10-20% sounds like something I'd be happy to pay to have someone manage that. Feel free to PM if you'd rather not post it for whatever reason.