Any money you get from renting out your bach, house, a room, a caravan or a sleep-out is taxable.

To get your taxes right you:

• Must include your income on an Individual tax return (IR3). This can be filed online and, for most people, it's due 7 July.
• Can claim expenses for the time you rented out the space - such as rates, insurance, cleaning and advertising.
• Need to keep clear records to confirm all income and expenses.

Visit the Inland Revenue website to learn more. (http://www.ird.govt.nz/property/property-rental)