I'm confused about Form 8858. In my research, I found conflicting information—some sources say I need to file it, while others say I don’t. Given the information below, do I still need to file Form 8858?
The property was previously my home, but I now rent it out.
I haven’t set up a business or LLC, nor do I have a property manager. It’s purely passive income, with the tenant paying me directly via ACH.
I don’t keep a spreadsheet or track it as a business—I just ensure the tenant pays each month.
I also spend very little time managing it.
The property is in my name.
