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re: Renting a room in your current residence question

Posted on 3/15/16 at 11:15 am to thekid
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26585 posts
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Posted on 3/15/16 at 11:15 am to thekid
Technically it is taxable income. You can deduct expenses for the part of the house as a fraction of the part you rent over the entire square footage of the house.
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