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Firstly, you'll have the convenience of additional space for future needs. Moreover, a larger and more versatile living arrangement could fetch a higher price when selling the property. During periods when you're not using the spare room, there exist numerous enticing financial and social benefits associated with renting it out.
However, it's essential to consider the drawbacks, such as a potential compromise on privacy, the likelihood of being pushed into a higher tax bracket, and the prospect of capital gains tax obligations upon selling the property. One of the most appealing advantages of listing your rooms for rental Perth is extra money.
