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RENTAL PROPERTY

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D

dclose1

Guest
If I'm charging someone rent do I have to claim the rent as income ?
What form would I complete when filing taxes ?
 


M

Marcia M

Guest
Yes, it is income.

Look at the schedules with the tax returns. And the good news is you can also claim deductions for operating rental property. This is really one to askan accountant about though.
 
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