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Did you own a home in 2022? — IDK how to answer
I own a condo that's fully paid for (no mortgage) and is 100% rented out full-time. All those expenses, and the rental income, and town taxes, have been entered as business income/expenses.
I am a renter where I live. I am flummoxed by the question "Did you own a home in 2022?". Because the property that's rented is mine, but I don't live there, and I am no longer paying a mortgage.
So do I answer "no" to this question, given that the home I own is a rental property?
October 8, 2023
7:59 PM