I have an investment property and my PM just told me the existing ducted air con broke down and need to be replaced.
Have two options:
1. Replace the ducted air cond ($6600)
2. Install split stystem ($1800)
Want to get advise from one who has been through this process and what decision you made? was it a good one in terms of tax, rental return, etc.
I am thinking of increasing the rent $10 to $390/week to cover the cost (option 1)
or $5 (option 2)
Thanks in advance.
Have two options:
1. Replace the ducted air cond ($6600)
2. Install split stystem ($1800)
Want to get advise from one who has been through this process and what decision you made? was it a good one in terms of tax, rental return, etc.
I am thinking of increasing the rent $10 to $390/week to cover the cost (option 1)
or $5 (option 2)
Thanks in advance.