Quote:
Originally Posted by Kunama
Problem with that is that the rent is deemed to be income and the rent you pay out cannot be claimed against that income..........
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True that, as I already considered that. In fact, if I rented the house and went and lived in Thailand, I wouldn't pay any income tax, as I would be under the threshold. However, if I do that and later sell, I will pay capital gains tax, which I believe, but haven't actually looked into yet, is 50%.
You get screwed whichever way you go.
