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Taxable Rental Income

Posted 14 October 2015 under Tax Questions



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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?

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TaxTimTaxTim 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


TaxTimTaxTim says:
14 October 2015 at 11:14

Only a pleasure!


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