You would have to file Schedule C as a Property Management Business.
You would have to charge a fair fee, (with the intent to make a profit)
You would be wise to have the monthly management fee on the listing agreement you use for the tenant.
You would need to keep a separate banking account for the business.
You could then report the Home Office Deduction.
You would also be liable for Self-Employment tax on the profit.
@RHCLLC
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