you are welcome. I own some rentals and am moving in a few years out of the state. I've been trying to get advice. Many accountants just say don't report it and wait to get audited (rule of 50% they call it, if 50% chance you can get away with it). Others say, it must be reported. With the fact that the tax authority knows who owns what and the fact that the tenants report to the state their rent, I would never not report amounts. I'm fairly in the rule of 100%, do the right thing, always.
**I don't work for TT. Just trying to help. All the best.
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**Mark the post that answers your question by clicking on "Mark as Best Answer" I am NOT an expert and you should confirm with a tax expert.
