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Investors & landlords
@Critter-3 thank you so much for your responses! Just to clarify one thing, if I am not the owner, but the one leasing property from the owner under a lease to own arrangement, but I am renting property out as income generating, can I still report on Schedule E? From Pub 946, looks like I cannot claim depreciation since I don't retain the incidents of ownership.
May 4, 2021
8:00 AM