# Need Real Finance Advice?

**URL:** <https://forums.speedlife.net/t/need-real-finance-advice/247209>\
**Category:** Shift518 Off Topic\
**Created:** [September 30, 2009, 12:22pm UTC](https://forums.speedlife.net/t/need-real-finance-advice/247209 "2009-09-30T12:22:15Z")\
**Posts on this page:** 1\
**Showing post:** 123

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**Author:** ![Neo187H](https://avatars.discourse-cdn.com/v4/letter/n/898d66/32.png) [@Neo187H](https://forums.speedlife.net/u/Neo187H)\
**Post date:** [October 4, 2009, 1:09pm UTC](https://forums.speedlife.net/t/need-real-finance-advice/247209/123 "2009-10-04T13:09:40Z")

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> [@food poisoning at fudds.](https://forums.speedlife.net/t/food-poisoning-at-fudds/23971/14):
>
> What kind of tax implication will one be looking at with such profit and does the profit includes paying someone to manage the property? Just wondering.

The profit is considered income which you would than have to pay tax on, though any expenses related to the house could be written off as a business expense now to reduce that on paper income.

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