Hi. If i rent out a room in my principal place of residence that i live in do i pay land tax?
As you may be aware principal place of residence is exempt from land tax but If you let out part of your principal place of residence to another person and receive income from this, you may still be able to claim a concession. i.e. you definitely wont be paying full land tax value.
You would need to provide Office Of State Revenue (NSW) details of the property e.g. total area, area of the room rented out, etc and they will work out the amounts.