Weekly economic and financial commentary
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United States: Another Week, Another Strong Showing from the U.S. Consumer
Robust retail sales data were the main story on the U.S. economic data
front thi...
1 hour ago
Cannot cheat lah.
ReplyDeleteRental (whether you rent from landlord or pay upfront with downpayment and front weighted installment) cannot count as cost of investment.
It is separate and distinct category.
The question is whether can it be counted as cost of investment if you pay it as a rental for a child living space?
No?
How about rental costs for dormitories for workers in your business (company)?
Then
How about rental for yourself with yourself as an asset? An asset with hopefully growing profits but with a shelf life?
To really know the real investment return, property investors to do proper book keeping. LOL!
Delete