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  1. twodogs

    Renting villa to your mum.

    How is gaining income and declaring it tax fraud?
  2. twodogs

    Renting villa to your mum.

    Downside is property is cash flow positive and I potentially pay tax. Gifts don't reduce the income... Upside is my Mum gets to live in a nice place she could not otherwise afford, with a garden, only a few steps and with a dog. All good. And downside... is my serviceability is now more...
  3. twodogs

    Renting villa to your mum.

    Been doing this for many years. I get an agent rent appraisal done every few years and from that I deduct 10% for a no-agent arrangement and call that market rent. It is direct debited monthly. I also give my Mum lots of gifts, but that has nothing to do with this.
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