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  1. Paul@PFI

    renting rooms out in my house.

    Perhaps negative gearing after share of costs are factored in. And non-cash deductions like Depn and cap allowances. etc.
  2. Paul@PFI

    renting rooms out in my house.

    I'm with depreciator on this one. How would the ATO find out ?? Friends fall out. Or someone dobs you in...Like the mate's GF who hates your guts and reckons you broke them up. Then you have a whole hell of a mess. And a CGT issue when you sell too.
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