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Replying to:
ColinC
Level 2

Investment Property Income

Hello,

 

How best may I account for income from an investment property?  Under tax profile there is an 'other income' box.  Should I put in there the profit figure only (i.e. Rent, minus mortgage, service charge and other costs?).  Or is there a better way of accounting for it?

 

Thanks!

 

Colin

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