Live in Flip while Renting out Rooms
I currently am doing a live in flip while a am able to rent out the rooms. Basically just needed cosmetics and an updated kitchen and bathroom. Anyhow, I have a mortgage payment of 950 and each room-mate is paying 550 and some extra for utilities. I am unsure how much if I need to claim the extra money coming in from the room-mates in my taxes or not since I'm living there with them. I would appreciate any knowledge or tips related to this. Thanks!