Subletting your home can bring a welcome extra income – but how much of the rent do you actually keep? The good news is that a large part is often tax-free thanks to the standard deduction. Here are the rules for 2026, what applies to a rental flat, a co-op apartment and a house, and how to calculate the tax.
How is subletting taxed?
Income from renting out your private home is taxed as capital income. The rate is 30 percent – but only on the surplus left after you deduct the standard deduction and any extra deductions. If there is no surplus, you pay no tax, and the rental usually does not even need to be reported.
The standard deduction – SEK 40,000 per home
You may make a standard deduction of SEK 40,000 per home and year. Key points:
It applies per home, not per person. If you own jointly, you share the SEK 40,000 by ownership share.
You get only one standard deduction per home, even with several income streams from it.
It is meant to cover your costs – so you cannot separately deduct actual expenses such as furniture, renovation, insurance or interest.
Extra deduction by type of home
On top of the standard deduction, an extra deduction applies depending on the type of home:
Type of home
Extra deduction beyond SEK 40,000
House / villa
20% of the rental income
Co-op (bostadsrätt)
The association fee for the rented part and period
Rental (hyresrätt)
The rent you yourself pay for the rented part and period
For co-ops and rentals the extra deduction can never exceed the rental income.
Worked examples
House: You rent out for SEK 50,000 in a year. Deduction: 40,000 + 20% of 50,000 = 10,000, i.e. 50,000 total. Surplus: 0 → no tax.
Co-op: You rent out the whole home for SEK 120,000/year. Your fee is SEK 4,000/month = 48,000/year. Deduction: 40,000 + 48,000 = 88,000. Surplus: 32,000. Tax: 30% = SEK 9,600.
Rental: You sublet for SEK 12,000/month but pay SEK 9,000/month to your landlord, for 4 months. Income: 48,000. Deduction: 40,000 + (9,000 × 4) = 76,000, capped at the income of 48,000. Surplus: 0 → no tax.
New rules in 2026 – higher standard deduction coming
As part of the reform around the new private-letting law in 2026, the standard deduction is set to rise from SEK 40,000 to SEK 50,000 per home and year. The threshold for when letting counts as business activity is also being raised, so you can privately rent out more homes.
Because the change takes effect during the year, different amounts may apply to different parts of 2026. Always check the current figure and transition rules directly with the Swedish Tax Agency before filing.
How to declare
If there is a surplus, report it in Income Tax Return 1, point 7.3 (surplus from renting out a private home). The Tax Agency has a help form, SKV 2199, to calculate the amount. It is not submitted but worth keeping. Remember you are responsible for declaring – even if the rental went through a digital platform.
Before you sublet
Remember you usually need permission: a co-op requires the board's approval and a rental requires the landlord's or the rent tribunal's. Without permission you risk losing the home. On Bofrid you find BankID-checked tenants with Bostadsmerit – free to advertise, so your subletting is both safe and profitable.
FAQ
How much can I rent out tax-free?
At least SEK 40,000 per home and year via the standard deduction – often more once you add the extra deduction for your type of home.
Does the SEK 40,000 apply per person?
No, per home. If you own jointly you share the deduction.
Can I deduct furniture and renovation?
No. The standard deduction is meant to cover all such costs.
What tax rate applies?
30 percent, but only on the surplus after deductions.
