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    kl-hughes36
    New Member

    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?

     
    posted
    ‎October 30, 2019 5:43 PM
    last updated ‎October 30, 2019 5:43 PM
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    1 Reply
    TurboTaxLise
    Level 13

    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.

    Please view below for more information from the CRA:

    Accommodation sharing
    ‎October 30, 2019 5:43 PM
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