You mean capital gain purely on property value, and not from rental pay? I've heard my estate agent mention that, but never really understood why.qaz393 wrote: ↑ My brothers has townhouses free hold. They don't really need to pay more than 5000 a year. The mortgages works out to be the cost of rent. The renter pays their own utility even though my parents has been screwed by other tenants not paying their bills. Capital gain like that is smarter. Do u have seperate entrance from basement renter?
Yup, I have a separate entrance for the basement.