Hal_Al
Level 15

Investors & landlords

If this is merely a cost sharing arrangement where the amount paid is below fair market rental, there would be no reportable rental income to you. If the amount is fair market value, or more, there is still some question as to whether you even have to report it, as it almost always comes out zero. Most people take the attitude that it is not income; it's just room mates sharing expenses and ignore it. Family, as opposed to unrelated roommates, makes that position stronger.