ThomasM125
Expert Alumni

Investors & landlords

What you describe is acceptable. The IRS will match the income on the reporting form to the income reported on your schedule E and it will not appear unusual to not have net income from a rental activity, as a loss or no net rental income is common.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"