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For the tax year ended 30 June 2020 Kane Rodgers, a self-employed masseur, rented a property and generated gross rental income of $25,000. Kane also

For the tax year ended 30 June 2020 Kane Rodgers, a self-employed masseur, rented a property and generated gross rental income of $25,000. Kane also incurred the following expenses in relation to the property:

$

1.8.2019

Repairs to leaking roof

1,400

10.9.2019

Painting the outside of the property

2,800

1.3.2020

Replacement of vinyl flooring in kitchen (20 year effective life)

4,500

10.4.2020

Repairs paid for by the tenants

4,100

15.6.2020

Gardening: removal of dead tree

500

Required: Advise Kane Rodgers of his net rental income for the year ended 30 June 2020.

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