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Get your taxes done using TurboTax
Yes, you must say yes to move forward with the rental income. Per IRS Publication 527: You can collect rent from property that you don't own.
- If you rent your apartment to others (or a timeshare would be similar), you can usually deduct, as a rental expense, all the maintenance fees you pay to the cooperative housing corporation (or timeshare owners).
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March 26, 2024
7:56 AM