Seems you lose part of your tax free concession when renting out a room in your own home. And you get taxed on the rent received
Seems like double taxation to me?
Are people who rent out on Airbnb aware of this?
Has anybody been hit by the ATO and lost some of their capital gains for renting out a room in their own home?
Capital gain Airbnb and renting out a room in house plus a
Seems like double taxation to me?
Are people who rent out on Airbnb aware of this?
Has anybody been hit by the ATO and lost some of their capital gains for renting out a room in their own home?
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