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eilen079
New Member

Do you include a deposit with rental income

 
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Accepted Solutions
Carl
Level 15

Do you include a deposit with rental income

No. The deposit is not your money. It belongs to the tenant until such time you have a legal claim to it. Only then will you claim it as rental income in the year you lie legal claim to it.

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1 Reply
Carl
Level 15

Do you include a deposit with rental income

No. The deposit is not your money. It belongs to the tenant until such time you have a legal claim to it. Only then will you claim it as rental income in the year you lie legal claim to it.

View solution in original post

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