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reybar

  • reybar started the topic Rental Income – Recoveries in the forum Legal & Accounting 8 years, 9 months ago

    Hi all,

    During the year, I had been mistakenly charged for the tenants water usage. This was rectified with the tenant reimbursing me.
    This payment has appeared on my annual statement as ‘Outgoings Recovered – Water Usage’.
    I assume this should NOT be claimed as rental income, since it came out of my pocket, just wanted to double check…[Read more]

  • reybar became a registered member 8 years, 9 months ago

reybar

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