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Tax Help PLEASE! How do I file income on rental property for property I don't own?
I am a self-employed psychotherapist. I lease a suite of offices from a property owner. I lease each office out to another practitioner. I make a small amount of money from doing this. I can't find a place to put this on my taxes. If I put it in Rentals and Royalties and state that I own 0% of the property the income does not seem to show up as taxable income...which is GREAT if I don't have to actually pay taxes on that income but somehow I doubt that is the case. Anyone, anyone??
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March 17, 2020
4:32 PM