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Investors & landlords
You don't need to do that. Besides, reporting long term residential rental real estate on SCH C is just flat out wrong. (with "extremely" rare exceptions, of which being "actively involved" is not one of those exceptions.)
Long term rental income/expenses is reported on SCH E. You've provided no information that would lead me to think or believe otherwise.
March 15, 2021
8:29 PM
3,009 Views