I retired in 2021 and we moved from CA to OH. We still own our CA home, but rent it (for MUCH lower than market value.. just to cover the mortgage) to our daughter and her boyfriend. I read Pub#527, but I'm not doing any deductions for rental expenses, etc. and they used Zelle (which is excluded from the new 1099-K reporting laws) to transfer their rent $$ to my bank account. Since I'm NOT itemizing, and NOT renting for profit do I even need to report the amount they paid as rental income? Not sure what to do here, and don't want to complicate things unnecessarily (but also don't want to miss something then get dinged later!). Any help appreciated...
