Sam owns a residental property. Her friend is an unemplyed handy man down on his...
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Sam owns a residental property. Her friend is an unemplyed handy man down on his luck so sam has allowed him to live in the property rent free for a period of time. In exchange for being allowed to live in a property, the friend provided sam with some gardening and maintenance services to the property. The value of the services provided was roughly equal to what would have been a reasonable commercial rent for the property for the period the friend lived there. is same required to include in her assessable income under ITAA 1997 s6-5 the value of the services received?
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