Solution-Compute the adjusted income from rent source

Compute the adjusted income from rent source

Reference no: EM132748951

Question: En Hafiz received RM900 per month for his house rented out since 2001. He incurred the following expenses during the year 2015:

Quit rent 320

Assessment 850

Insurance premium - Personal Accident 430

- Theft and Fire on the house let out 720

Bank repayment (including interest RM1800) 8100

Repairs and maintenance 320

Required: Compute the adjusted income from rent source for the YA 2015.

Reference no: EM132748951

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Compute the adjusted income from rent source : En Hafiz received RM900 per month for his house rented out since 2001. He incurred the following expenses during the year 2015.

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Compute the adjusted income from rent source

Reference no: EM132748951

Reference no: EM132748951

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