[Principled]

Also, next time, add a bullet for the fact that rent will be taxable...

Yes, and rent already includes tax.

Indeed an interesting thread would be to make bullet points on our income tax.

[Always Right]

Yes, and rent already includes tax.

You must not have owned too many rentals. Usually no income tax to be paid once you take off your depreciation.

[Phantom Lord]

Indeed an interesting thread would be to make bullet points on our income tax.

FR doesn't have the bandwidth.