Robert pays rent of $340 per week for a house, as claimed on a rent certificate. He has 2 exchange students living in the house with him, each paying Robert $90 per week for board and lodging. As it could not be determined how much was for lodgings, the two-thirds rule was applied and $60 per week is for lodging.
Assessment
Robert’s net rent is $220 per week ($340 - $120 for lodgings). |