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Tuesday, January 24, 2012

Finance dominates expenses

I've just been calculating my tax return for 2010/2011 using Property Hawks PM3.0. A great improvement on PM2.0 in my humble opinion.

One of the additional features on PM3.0 shows that there is an almost 4:1 split on my expenses between finance and maintenance. The vast majority of my expenses are still interest charges despite the historically low interest rate. Interesting!

How does your rental portfolio compare?

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