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Parent renting half of duplex for free, does it make income a wash for rental property?
Apt A:
Renter is paying $600 a month for a 2bed/1bath and is well below fair market value
Apt. B:
My mother lives here as her primary/only home rent-free
So on my income taxes when I go to declare income is it $0?
Thanks for any info. on this!
Topics:
March 16, 2022
7:24 PM