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Investors & landlords
Yes, late fees collected will be included in rental income. Just include that amount with your "Rental Income."
Other examples of Rental Income include (but are not limited to):
- Rent paid by your tenants
- Security deposits that you kept
- Repairs made by tenants in exchange for lower rent
- Personal goods and services exchanged for lower rent
June 4, 2019
8:22 PM