TomK
Expert Alumni

Investors & landlords

You can rent at what ever level you like... how you report that income and what expenses you may deduct are questions to consider.  Please see TurboTax TaxPro Diane's response to a similar question: https://ttlc.intuit.com/replies/6717652

Pub. 527 - Residential Rental Property: https://www.irs.gov/pub/irs-pdf/p527.pdf