LenaH
Employee Tax Expert

Investors & landlords

Yes. As stated by Bsch4477, you must report the income as regular income. You will not have a Schedule E. Since you are considered not renting for profit, you must report this on Schedule 1 (Form 1040), Line 8j. Any deductions (real estate taxes, mortgage interest) are deducted on Schedule A. 

 

@Jjone 

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