What is considered rental income?
Rental income is income received from allowing another person to occupy your property, use your vehicle or other assets in return for money, or in return for goods and services that you receive instead of money.
Examples of rental property include
- Apartments, houses, summer homes
- Motor vehicles, caravans, trailers and boats
- Warehouse and storage spaces
- Parking spaces
- Articles of clothing, handbags, other accessories to be worn
- Machinery and equipment including a chain saw
- Agricultural fields and forests
In addition to rent, rental income also covers all other payments you get from your tenant – such as money towards a water bill or rent for a parking space.
However, if the tenant pays you a security deposit, it is not income to you unless the tenant later fails to make their rent payments and you need to keep the deposited money.
Did you use a platform, an app, a website to rent out property to guests and tenants? The Tax Administration receives information concerning the income paid to you through digital platforms both in Finland and abroad. The Tax Administration requires that you report all this income, and we monitor data streams to check for discrepancies. Remember to report this type of income on your pre-completed return. Read more about selling goods and services on a digital platform.
Rental income from agricultural fields and forests
From the beginning of the 2025 tax year, rental income to be declared on the taxpayer's pre-completed return in spring 2026 will also include any income derived from agricultural fields, forests and wind-turbine sites rented out. This rental income will be taxed in the same way as other rental income has been taxed, as capital income related to a personal source of income.
- Forest owner's rental income (available in Finnish and Swedish)
- Rental income from agriculture (available in Finnish and Swedish)