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What are the tax implications for renting a room to my sister?
What are the tax implications for renting a room to my sister? As the title reads, I’ve been renting a room out to my sister in my home (California). This is our primary residence and we pay the mortgage on it. Wondering if this is considered rental income or if it’s shared expenses and not counted as income. Does it being family effect any of that?
submitted by /u/surftherapy
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