Income from letting a semi-detached dwelling is tax-free when you
- use minimum half of the semi-detached dwelling as your own home, as calculated based on rental value
- let all or a high proportion of the semi-detached property for up to NOK 20,000 during the income year.
A semi-detached dwelling means, in this context, a residential property with two family units. A housing unit is only normally considered to be a family unit where that housing unit is, as a minimum, able to meet the housing requirements of a family of two adults and one child. A unit with a primary room (P-ROOM) area of less than 40 m2 is not considered to be a family unit.
Rental value is considered to be the rental amount you can expect to receive in the market for the unit/section of the residential property (market rent).