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Manson82(Newbie)Newbie
1 Aug 2024

Context - I own an investment property in my personal name. I am also the director of a PTY LTD Company and I'm wondering if I can recognize the rental income on the income statement of my company rather than recognizing it as personal income.

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206 views
1 replies

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KevColl(Superuser)Superuser
1 Aug 2024

No, the rental income is yours, as the property is in your name.

You and the company are to separate entities.

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Can you recognise rental income on the income statement of the company that I am a director of? | ATO Community