| Forum newcomer | ? | Join Date: Apr 2013 Location: East Mackay, Queensland Posts: 7 Thanks: 2 Thanked 0 Times in 0 Posts |
Just a quick question about this - if my business pays part of my mortgage (say, it takes up 30% of my house's floorspace so I can claim 30% of my mortgage interest as a business related deduction, so my business will pay 30% of my mortgage payments as rent, yes?). Can I do that? How does that work? Will the "rent" that the business pays then form part of my income? I'll talk to my accountant but it's a late night thought going through my mind (we're currently in the set-up stage so having many late night pow-wows with myself).
Cheers!
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