I'm a first time homebuyer, originally I planned on just living here myself as I can afford everything. But a few of my friends asked if I wanted to rent out a couple of the spare rooms I had since it would help me with the costs and give them a reasonable place to live, I agreed. I am unsure what to do about my taxes though. Do I have to claim it all as income? or can I get deductions since I am technically renting out my house? Any help would be very appreciated.
