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Investors & landlords
If you are receiving income from renting a property that you own, then your income is reportable and may be taxable. The fact that you are getting the income from a non-profit organization does not affect your return.
You will report your rental income and expenses on Schedule E. There is no special documentation required to show you are renting to a non-profit organization. Be aware that if you are not charging a fair rental value for the property, you may be limited in the expenses that you can deduct.
‎June 1, 2019
7:37 AM