FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


How do I calculate Rental Income?

Posted 24 November 2015

Dharmita said:
24 November 2015 at 20:01

How do I calculate rental income? Is this calculated as follows or is it different? Rental Income = Bond Repayments - Rental income. If it is positive it will be a profit, if negative it will be a loss?

TaxTim Marc TaxTim Marc said:
24 November 2015 at 21:38

Rental profit = rental income less the interest on the bond repayments less any other rent related expenses.
Please read our blog on Rental property deductions to find out more.

This entry was posted in Tax Q&A and tagged , , , , . Bookmark the permalink.





Do your Tax Return in 20 minutes or less!

TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.