

Wait 2 years ago? The mortgage being high should mean the houses bought recently are no longer profitable to rent otherwise you should be able to pay mortgage that is less than rent yourself.
I’m in USA and only Houses that are available for rent here are houses people bought pre-covid or earlier, when the mortgage was way less or it’s paid off, so it’s profitable for them to rent it out with current rent


I’ve seen similar talks about people doing it here as well, but not for hours. I think you have to manage it yourself for certain hours a week for it to qualify. I am not sure.
But the part I don’t understand is, the taxes they have to pay when they sell their house that they did not reside in, should have a lot more tax than the tax they have to pay on salaried income. Is that not the case? I’m not into business side so I’m not knowledgeable about these, but it makes sense to tax more on business profits compared to someone’s salary.
And if you have tax brackets, paying little taxes now might be better than paying no tax and later having to pay huge tax on the same amount because it’s not distributed across tax years when you sell