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Mr. Landlord had the following lease agreement with Ms. Tenant: Lease term: 1 Apr 2022 - 31 Mar 2023 Monthly rents: $50,000 Monthly payment for
Mr. Landlord had the following lease agreement with Ms. Tenant: Lease term: 1 Apr 2022 - 31 Mar 2023 Monthly rents: $50,000 Monthly payment for management fees for cleaning services: $5,000 Monthly payment for use of property amenities : $3,000 Mr. Landlord incurred the following expenses in relation with the property: Rates: $3,000 each quarter. Property agency fee to a property agent: $25,000 (half the monthly rent) Calculate Mr. Landlord's property tax liability
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