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Investors & landlords
It does not say to report on Schedule C.
The "rental activity" is ONLY pertaining for determining if it is Passive or not. For the Passive Loss rules, a "rental activity" is automatically passive, versus a non-rental activity may or may not be passive. It is still a rental for all other purposes, and the rental still goes on Schedule E.
‎February 8, 2022
6:07 PM