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Letting out primary resedence

Posted 30 December 2015

Uwe says:
16 December 2015 at 23:45

Getting married, out of community and moving in with her in her house. Want to let out my current residence. Do I have to pay tax, declare. This is the only property on my name. Am I exempt of paying tax on the income earned?

TaxTim TaxTim says:
30 December 2015 at 22:36

Yes you will have to declare the rental income earned and pay tax on the rental income less expenses.

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