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  1. Paul@PFI

    Tax implications of renting out my spare bedroom (PPOR)

    No difference. The "bills" being reimbursed are deductible eg phone, elec etc to the extent tenant incurs the cost against the income received so its a no win position. (ie $50 income is assessable anyway and those bills are deductible anyway) Think of all proceeds you receive from a tenant...
  2. Paul@PFI

    Tax implications of renting out my spare bedroom (PPOR)

    A fail to the previous posts who all advocate tax avoidance. The rental income is assessable and cant just be overlooked. There are so many ways to get caught - Like a tenancy dispute !! After deductions it may be neutral or even negative. ie Depreciation and capital allowances, interest etc...
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