Rent Lahore, Karachi, Islamabad and Gwadar property. Rentals property from Real Estate Agents in Lahore, Karachi, Islamabad, and Gwadar. A Rentals property from which the owner receives payment from the occupant(s), known as tenants, in return for occupying or using the property. Rental properties may be either residential or commercial. The owner of rentals property may be allowed to take certain tax deductions such as mortgage interest and depreciation. Renting, also known as hiring or letting, is an agreement where a payment is made for the temporary use of a good, service or property owned by another. A gross lease is when the tenant pays a flat rental amount and the landlord pays for all property charges regularly incurred by the ownership. An example of renting is equipment rental. Renting can be an example of the sharing economy. Residential rentals property refers to homes that are purchased by an investor and inhabited by tenants on a lease or rental agreement. Residential property is property zoned for living or dwelling, as opposed to commercial property, which is zoned for business and profit generation.