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If all income is from Rental Property and I qualify as "Real Estate Professional" does the rental income get filed on a Schedule C and subject to Self Employment Tax?
Our sole income (no losses) is from the rental of multiple Residential Buildings in which we actively participate. If we are considered a Real Estate Professional then we avoid the NII but does the property income become subject to SE tax and then filed on a schedule c? I'm confused.
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‎June 3, 2019
1:31 PM