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