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Client has a property that was previously rented at say rental of €6k. The daughter now occupies this property as her residence and is in receipt or Air B&B income. I'm now processing the tax returns for both the parents and the daughter. Should I pass a "notional" rent of €6k between the daughter and the parents ; take a deduction for this €6k in the daughter's Air B&B trade and declare rental income in the parents name ?

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Asked on 15 July 2019 4:40 pm