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  1. DaleGG

    Renting part of PPOR

    Renting part of PPOR pt2 Reply: 2.1.1.1.1.1.1 From: Dale Gatherum-Goss Hi Kippy! No, you are not off track and yes, you are right with your conclusions. As I said before, it is a balancing act though and would also depend upon the business structure that you use. Have fun Dale
  2. DaleGG

    Renting part of PPOR

    Renting part of PPOR pt2 Reply: 2.1.1.1.1.2 From: Dale Gatherum-Goss HI Serge! Yes, the same rules apply. This is regardless of the number of properties in your own portfolio. For example, I have a client who lives in a house with his life partner. They rent a four bedroom house because...
  3. DaleGG

    Renting part of PPOR

    Renting part of PPOR pt2 Reply: 2.1.1.1 From: Dale Gatherum-Goss HI Mark! Sure you can. Let's say we have a 10 square unit for the sake of simplicity and you rent 2 squares to a business that you run. Obviously, you declare the rent that you receive from the business in full on your tax...
  4. DaleGG

    Renting part of PPOR

    Renting part of PPOR pt2 Reply: 2.1 From: Dale Gatherum-Goss Hi Kippy You can charge your business rent. Yes, the business claims a tax deduction for this cost, but, you would also have to declare the income and hence it may not be that worthwhile. Great question though! Dale
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