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Taxable Rental Income



Jeremy says:
11 October 2015 at 14:08

I'm currently renting a property in Johannessburg, but I'm also letting out a property. Can I use my rental expense to offset my rental income from my other property?

TaxTim TaxTim says:
11 October 2015 at 17:35

Unfortunately not, personal and rental property income are not able to be set off.

Jeremy says:
12 October 2015 at 9:33

Thanks guys. That was a nice fast and clear response

TaxTim TaxTim says:
14 October 2015 at 11:14

Only a pleasure!

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