GST and renting out residential property

There's no GST to pay on rental income from long-term residential renting. You also cannot claim GST on your long-term rental expenses.

Short-term rental income is different. You may have GST to pay on income you get from renting out residential property short-term (for example through Airbnb, Bookabach or Holiday Houses) because it’s a taxable activity.  

You may have to pay GST on any short-term rental income from renting out:

• a room in your house
• your whole house
• another residential property (not your main home), for example an investment property or one you intended to sell or flip
• a cottage, caravan or sleep-out (on your property)
• a holiday home.

GST when you’re registered 

If you’re registered for GST, there are ongoing requirements once you’re registered. These are:

• administrative requirements, such as filing your GST returns, issuing invoices and keeping good records
• change-in-use adjustments if you change your property's use from taxable to non-taxable use
• GST when you sell your property.

GST (goods and services tax)