Jenne also earns rental income from a property that she personal owns. The first tenant occupied the property from January until March 2021, with a rental income of RM13,000. The rental charged in April 2021 will be based on the deposit paid at the beginning of the rental period amounting RM3,000. Tenant number 2 began occupaying the property on 1.6.2021, with a one-year lease contract. Monthly rental charge is RM4,500 with a two-months rental deposit was collect at the beginning of the tenancy period. The followings are rental expenditure incurred during the year: Advertising fee to find the first tenant Agent fee for the second tenant Quit rent and assessment 2020 Quit rent and assessment 2021 RM 800 1,000 500 600 100 Repair and maintenance 1,000 Renovation 3,000 Interest expense on bank loan to finance the property purchased 2,000 Fine on late payment of quit rent and assessment