If a property

If a property is being rented out, the rental income less expenses, incurred to maintain the property, should be allocated to the repayment of the bond on that particular property. Unless the rental covers the bond repayment serious consideration should be given to sell this property to reduce overall indebtedness. It could be that a shortfall be generated when the second property is sold and this shortfall should be included in the debt review for repayment in line with the other debt.