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Investors & landlords
"Ok. So to make sure I understand what you are saying, the $500 rent he pays and the $50 for utilities would just all be considered as income then with no offsets for any costsharing or"
It depends on your Rental Agreement. If only 500 is rent and an additional 50 goes to utilities, I assume you would claim 500 a week as rental income.
"Can it be considered as a contribution to the household. He uses 2 of our 6 bedrooms."
No, not if you have a rental agreement.
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‎January 31, 2024
10:25 AM