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  #1  
Old 23-02-2006, 03:03 PM
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Question Renting: Inclusive vs. Exclusive

When shopping around for an apartment, I am coming across rentals that are inclusive of fees, and exclusive. some of them give you the option, discounting the price by about $1500.

The fees seem to be:

Management Fee
Government Rate
Government Rent

My question is, what would those 3 fees come to, in a place that is, say, $10,800 per month? I know in this case it may or may not be less than the $1500 discounted rent they are offering, but it will help in the future when shopping around.
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Old 23-02-2006, 03:51 PM
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The norm tends to be to sign a lease thats inclusive of the taxes... even though you end up paying more, the way tax works with housing reimbursements means you don't have to pay tax on them that way.
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Old 23-02-2006, 04:18 PM
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Agreed with Salty..

Moreover, you never know if Managment fees are increased during lease tenure or Govt. rates and rent increase accoring to market condition.. you might end up paying more that way.. And not to mention little hassle of paying all that on time..
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Old 23-02-2006, 04:56 PM
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So inclusive is better overall, even if the price is $1500 more per month...

So comparing, say, a place that is $12,000 inclusive to a place that is $10,500 incluside, I should consider the prices about even?
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