Not sure if I need to claim the rental income we receive from our disabled daughter.

[w3ng3r]

My child is disabled and collects AISH each month.  She also pays us rent.  She's 19.  Do we claim the rental income? And do we get deductions for a percentage of our house expenses?

[TurboTaxJennifer · Accepted solution]

In a circumstance such as this, the rent you collect from your child may not have to be claimed as it may be considered to be more of a cost-sharing venture. If you have no expectation for profit and the amount she's paying is below the market value for a similar rental, you would likely be in a cost-sharing situation.

Here's a link for more information:

http://www.cra-arc.gc.ca/tx/bsnss/tpcs/rntl/fmv-eng.html