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Alex says: 18 November 2015 at 15:03 My partner and I rent out the garden cottage of our primary residence, the bond of which is jointly registered in both our names. We are not married. The rental is paid into her account, but I pay for most of the expenses from my account... The bond on the property etc. How should the rental income be declared - hers since it is paid into her account, or jointly (50%-50%) since the asset is in both our names and we otherwise share household expenses? |
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TaxTim says: 18 November 2015 at 18:58 It should be declared jointly because you both own the property and therefore the income and expenses accrue to you 50/50. |
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