Investors & landlords


@cabrerag9505 wrote:

Understood, the tenant is behind about 7K, so just report lesser income?


Yes, you report the income you actually received and the expenses you actually paid.  You can't take an extra "deduction" for the lost rent because you can't subtract dollars from your income that were never included in your income in the first place.  Because you have less income to report, you will pay less tax.