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Reply: 1.1.1 From: Dale Gatherum-Goss Hi Owen You would pay tax on the $50 gain or profit from the sub lease. As always, if there were other costs incurred in earning this income - such as travelling to the property to inspect it - you can claim this against the income as well. I hope that...

Reply: 1 From: Dale Gatherum-Goss HI Yes, it is correct. New tax rules came in during the last year (don't they always!!!) that now allows the "effective" owner to claim the depreciation. I hope that this helps Dale