Investors & landlords


@xedd2kh wrote:

.........From what I can see in the average length of stay rule, I have to report this on Schedule C....


No, you do not have to report the rental on Schedule C unless you're providing significant services to your renters.

 

See https://www.irs.gov/instructions/i1040se#en_US_2023_publink24332td0e1083

 

Generally, rental real estate activity is reported on Schedule E even if it is also a trade or business activity; however, if you provided significant services to the renter, such as maid service, report the rental activity on Schedule C, not on Schedule E. Significant services do not include the furnishing of heat and light, cleaning of public areas, trash collection, or similar services.