{"id":19808,"date":"2016-07-15T13:00:33","date_gmt":"2016-07-15T06:00:33","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-own-a-buy-to-let-property-with-a-friend-how-do-we-slice-up-the-rental-income\/"},"modified":"2016-07-15T13:08:36","modified_gmt":"2016-07-15T06:08:36","slug":"i-own-a-buy-to-let-property-with-a-friend-how-do-we-slice-up-the-rental-income","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-own-a-buy-to-let-property-with-a-friend-how-do-we-slice-up-the-rental-income\/","title":{"rendered":"I own a buy-to-let property with a friend \u2013 how do we slice up the rental income?"},"content":{"rendered":"


\nMy share is 60% so I feel the income should be split 60\/40. But my friend wants to divide it in a different way Q A friend and I have bought a property to let. We are paying the mortgage 50\/50 but our deposit amounts are 80\/20, therefore our splits come out at around 60\/40.I own the 60% share of property and would like your opinion on the correct way to split rental income from the property. The way I see it, should the property yield \u00a31,000 a month in rent, I am owed 60% of this and my friend is owed 40%. Similarly, if we were both living there, as I own more of the property I would have the right to request a small amount of rent from my friend to compensate for the fact that she doesn\u2019t own 50% and therefore must part rent from me. Continue reading…
\n
\nSource : theguardian.com
\nRead more…I own a buy-to-let property with a friend \u2013 how do we slice up the rental income?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

My share is 60% so I feel the income should be split 60\/40. But my...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-19808","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-59u","jetpack-related-posts":[{"id":84364,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ive-inherited-a-house-should-i-sell-it-or-repair-it-and-rent-it-out\/","url_meta":{"origin":19808,"position":0},"title":"I've inherited a house \u2013\u00a0should I sell it or repair it and rent it out?","date":"April 2, 2018","format":false,"excerpt":"\r I\u2019m 26 and earn just over \u00a320,000, so a buy-to-let mortgage would be a big undertakingQ I have inherited my grandmother\u2019s house (which an estate agent has valued at \u00a3160,000 at the most), while my brother also inherited another small property that she had been renting out before she\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35630,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-week-in-ask-guru-rental-questions\/","url_meta":{"origin":19808,"position":1},"title":"This week in Ask Guru: Rental questions","date":"November 24, 2016","format":false,"excerpt":"\r This week, in Ask Guru, we answer questions about rentals: Tenants who can\u2019t pay, utilities for a dual key unit, and being asked to pay commissions as a tenant. Question 1: \u201cHi Gurus. I have a problem. My current tenant told my agent they don\u2019t have enough money to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20298,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/contract-will-renew-on-same-terms-if-abu-dhabi-landlord-and-tenant-do-not-communicate-with-60-days-notice\/","url_meta":{"origin":19808,"position":2},"title":"Contract will renew on same terms if Abu Dhabi landlord and tenant do not communicate with 60 days' notice","date":"July 20, 2016","format":false,"excerpt":"\r My contract mentions that: \"Prior to the end of lease period the tenant has to submit in sixty days, written notice that he is willing to either vacate the premises or renew the contract.\"Abu Dhabi Executive Council Decision No 32 for 2012, says that: \"In the event the landlord\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20328,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/who-should-be-first-to-make-contact-60-days-before-the-end-of-an-abu-dhabi-tenancy-contract\/","url_meta":{"origin":19808,"position":3},"title":"Who should be first to make contact 60 days before the end of an Abu Dhabi tenancy contract?","date":"July 20, 2016","format":false,"excerpt":"\r My contract mentions that: \"Prior to the end of lease period the tenant has to submit in sixty days, written notice that he is willing to either vacate the premises or renew the contract.\"Abu Dhabi Executive Council Decision No 32 for 2012, says that: \"In the event the landlord\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123096,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-rental-charges-are-taking-up-larger-chunks-of-americans-income-putting-a-further-squeeze-on-struggling-households\/","url_meta":{"origin":19808,"position":4},"title":"Rising rental charges are taking up larger chunks of Americans\u2019 income, putting a further squeeze on struggling households","date":"November 9, 2021","format":false,"excerpt":"\r Sharp rent increases in many parts of the country are eating up a bigger share of Americans\u2019 monthly income, squeezing tenants already grappling with rising prices for gasoline, food and other necessities.Households with a median rent of US$1,179 in August tapped 30.3 per cent of their monthly income to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39125,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jobless-dubai-tenant-cannot-renew-lease-until-he-finds-employment\/","url_meta":{"origin":19808,"position":5},"title":"Jobless Dubai tenant cannot renew lease until he finds employment","date":"December 28, 2016","format":false,"excerpt":"\r I would like to renew my tenancy contract in February next year and have my Ejari in place until April. However, I lost my job and my visa has now been cancelled. I left the country and should be back in January 2017. I would like to renew my\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/19808"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=19808"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/19808\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=19808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=19808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=19808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}