Do I need to declare cost sharing in one household as rental income?

farmf005 · ‎June 3, 2019

Me and my girlfriend own our home. My brother lives with us. He chips in for some of the costs to maintain the home, and other household expenses. Do his contributions constitute rental income?

DawnC0 · ‎June 3, 2019

No, cost-sharing does not need to be reported on your tax return. His contributions to the household expenses are not considered rent.

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SweetieJean · ‎June 3, 2019

Did he sign a lease with you?

xmasbaby0 · ‎June 3, 2019

No. That is just family cost sharing that does not need to go on a tax return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

farmf005 · ‎June 3, 2019

No lease, he has his own room but the rest of the house is communal living space.

DawnC0 · ‎June 3, 2019

No, cost-sharing does not need to be reported on your tax return. His contributions to the household expenses are not considered rent.

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Do I need to declare cost sharing in one household as rental income?