Renting out a room

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From: Lan Diep


Hi experts

In the case where a room is rented out in a two bedroom property, how will this information be inputted into PIA, especially considering the following:

-only half the interest is claimable
-only half the depreciation is claimable

So, will this mean I should halve the value of everything when i put data into PIA?
 
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Reply: 1
From: Webmaster (Somersoft)


The focus of the PIA Investment Analysis spreadsheet is on the investment component only. In this case, you specify all of the details for that component of the property you are renting (rents, loan, interest, rental expenses, depreciation, etc). Any loan on the part of the property that you occupy can be simulated in the home loan spreadsheet.
 
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