Bank holiday 'SPECIAL' Breakfast Debate

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esteponawhite said:
No never did ,left leeds when I was young.
So is this the estate agents % thread,or drinkers and rockers thread?
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I think me, you and Shako should have our own music and drinking thread, and it should be a sticky, anyone can contribute of course, but strictly no ****e mod music:D
 
Night lads thanks for the banter,songs etc <ok>
As for you lot chucking insults about,either grow up,**** off or do it old school go toe to toe.
Footie tomorrow,wehey,MOT
 
Whitejock said:
13% taxes on all rental income! Irrelevant, tbh. 9% closing costs is ridiculous. Not sure what it is in California, but closing costs are only about 1-2% here in the UK. I think. Been a while since I sold a place. Elland would know better.
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You pay tax on the profit you make from renting out the property, after deductions for &#8216;allowable expenses&#8217;.

Allowable expenses are things like :-

letting agents fees

legal fees

accountants&#8217; fees

buildings and contents insurance

interest on property loans maintenance and repairs to the property (but not improvements)

utility bills ground rent

service charges Council Tax

Advertising, phone calls, petrol etc

So, as long as you keep your books in order, you can claim back loads
 
OLOF said:
I think me, you and Shako should have our own music and drinking thread, and it should be a sticky, anyone can contribute of course, but strictly no ****e mod music:D
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Needs some AC/DC, Whole Lotta Rosie: 52-44-38, you could say she's got it all :emoticon-0159-music
 
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