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Investors & landlords
If the home is owned by the family trust, you may find this web reference informative:
https://pocketsense.com/taxation-rental-properties-family-trust-8749925.html
Note that rental income from a home owned by a family trust is reported on a trust tax return, IRS Form 1041.
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
‎August 25, 2022
9:08 AM