Q. Britney takes a two week holiday in June and rents out her apartment (her main residence) on Airbnb for the two weeks, receiving $1,000. Britney pays a $200 commission to Airbnb. This is first time that she has rented her apartment out.

Is the $200 deductible? Does Britney need to pay tax on it? What type of income is the $1,000? Is Britney required to pay tax on it? Explain using sections from the ITAA.