TomD8
Level 15

Investors & landlords

@Opus 17 wrote:  "Landlords are generally not businesses, although this is somewhat confused and it is being debated."

 

Very true.  This web reference has a very good discussion of this issue:

https://www.nolo.com/legal-encyclopedia/is-your-rental-activity-business-investment.html

 

**Answers are correct to the best of my ability but do not constitute tax or legal advice.