Related Posts
More Posts
Prime video catalog specialist job salary?
Additional Posts in The Real Estate Bowl
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
Prime video catalog specialist job salary?
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Download the Fishbowl app to unlock all discussions on Fishbowl.
Copy and paste embed code on your site

Scan your QR code to download
Fishbowl app on your mobile

Mentor
Classify for what purpose?
Edited- for tax purposes
Subject Expert
You may be ok. Look up the Augusta rule.
Mentor
Standard deduction is different than rental expenses. Do you actually know any tax law or are you just guessing?
Mentor
Since I didn’t actually answer your question. You’ll need to pick up the rental income (you can offset with direct expenses and pro-rata of indirect expenses).
You should consult with your pro if you need to report on schedule E vs C (generally around short term rental or long term rental and services provided).