ANSWERS: 1
  • I'm not sure where you live, but the way it works up here in Canada is that the GROSS rental income is added on to your gross income, but you can write off the mortgage, bills and items bought for the rental property as business expenses. You have to be careful that the gross income before expenses doesn't go over the amount you should make to still receive Social security (I'm assuming your question has something to do with that.)

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