Can the landlord be the property manager for tax purposes

bessettenc · ‎June 6, 2019

i am landlord,can i claim my self as property manager. i do all same things as if i hired a manager

Coleen3 · ‎June 6, 2019

No, unfortunately, you can not claim a deduct for your own labor. Had you hired a property manager, you would have physically paid him the compensation, which could then be deducted from rental income.

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BobinCT · ‎June 6, 2019

And he would have reported it as taxable income. If you could pay yourself then you would have to report the income as well as the deduction.

Can the landlord be the property manager for tax purposes

Deductions & credits

Deductions & credits