DavidS127
Expert Alumni

Investors & landlords

Note that if you declare your rental a trade or business without using the Safe Harbor, you may become subject to the other requirements of a Section 162 trade or business.  See Q17 on the IRS webpage at this link.  For example, the IRS has not made it clear whether a rental activity conducted as a Section 162 trade or business is subject to the Form 1099-MISC requirements.

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