Lee says: 18 November 2015 at 10:22 I have multiple rental properties. Do I add all the income and expenses together? On the SARS form, it was always specified separately |
TaxTim says: 18 November 2015 at 11:44 It depends on the nature of the rental activities. If they are relating to one trading activity, it would be appropriate to add together the income and expenses. However, if they relate to different trading activities/businesses (eg. commercial versus residential) it might be more appropriate to split up and then indicate that you have more than one trading activity in the opening questions. |