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@Mike9241 

Mike,

Will you be able to provide the IRS publication where I don't have to report rental income and rental expense when I rent to a family member below fair market rate?  Also, can my father claims for renter's credit when I don't report rental income? 

 

Please note that this is the second home that I rent to my father.  I don't live there.  Whatever information that you can give me will be greatly appreciated!!!  Thank you.