- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
No, that sounds like you have roommates. If you aren't keeping the rental payments for yourself (turning it over to the landlord), then that is not rental income.
However, if you are renting a part of your space to others and they pay more than their proportionate share of rent to you, then that would be rental income to you.
Ex: You lease a space for $1200. Roommates share would be $400 each. But you charge them $600 each instead. The $200 ($400 for both) is rental income to you.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎June 1, 2019
12:12 AM