Mother and daughter rent house, mother pays rent, daughter pays utilities. They rent a basement apartment to help with rent, no profit earned. Is this rental income?

951

Level 13

Oct 30, 2019 5:43:07 PM

UPDATE : As long as you are not claiming a profit. It is not considered rental income.

Please view below for more information from the CRA:

Accommodation sharing

Renting below fair market value