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New Member
posted Oct 30, 2019 6:37:58 PM

I am on ODSP and pay my parents 500 rent. Do they need to report this as rental Income? I am contributing to utilities, basic upkeep, groceries, gas, etc so no profit

I don't think 500 is below fair market value but they are not looking to make a profit nor will they be. It also covers damages that I have done due to my disability so does it need to be reported? 

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New Member
Oct 30, 2019 6:37:59 PM

If it truly is no profit...then no.  However, bear in mind you will not be able to report it as rent paid on your own return, thus affecting your Trillium benefit.