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Old 06-16-2015, 01:48 PM   #23
DownhillGoat
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Quote:
Originally Posted by darklord700 View Post
Unless you are running it as a business, generally speaking, splitting rent with a spouse or subletting it to unrealted people, won't be considered income or revenue for tax purposes.
Source? Spouse yes, but I recall reading something that relatives aren't exempt.

Also, if you're considering her a spouse or equivalent, that negates the entire point, in which she would be common law after a year, and entitled to half his stuff, which takes us back to the contract/pre-nup he was talking about.

Last edited by DownhillGoat; 06-16-2015 at 02:24 PM.
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