What if our apartment rental exceeds one of our primary incomes?

LittleMountainMe
· Viewed 1139 times

Thanks for answering my question on our tax implications for renting out our apartment. You have said it would be a secondary income for us, but what if one of our primary incomes drops? (specifically mine- if I become pregnant again) If the value from the apartment rental exceeds one of our primary incomes then will the same taxation apply? Thanks!

Answered
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