If you have a house with a boarder. Does the income you receive get taxed?
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Boarder income pay tax
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As long as it is a true boarder (ie includes food), then generally not.
I can't remember the exact thresholds but you can earn about $255 from one boarder per week, and it be non taxable. Second boarder same threshold, so another $255,and then third boarder the threshold drops
If you search boarders in property talk there have been other threads on this, or look in rental booklet from IRD
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Ross Barnett - Property Accountant
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