Total Members: 159,207

jack313

  • jack313 replied to the topic Privately renting out my house – how much tax do I pay? in the forum Help Needed! 14 years, 5 months ago

    Hi, my partner and I also started renting out 1 room in our new appartment (we are 1st home buyers) and received about 3000 for 5 months. If my income is 60K and my partner is 30K so could I calculate our total taxable income as follow: my taxable income = 60K + 3K/2=61.5K and my partner is 30K+ 3k/2 = 31.5K. Hope someone can help us. Thanks

jack313

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
159,207

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!