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Can I claim my rental paid in offset against my rental income received?
Posted 11 November 2013
I am renting out my property (that I own) in the suburbs and I am renting a property in town to live in. The rental income for the property that I own is far less that what I pay for rent in town. Can I claim my rent paid under 'Rental Paid'on my SARS eFiling tax return?
TaxTim Marc said: 12 November 2013 at 10:38
No, you cannot claim rent paid on your personal living expenses.