@DiddlyD wrote:
If you meet the qualifications to be considered a real estate professional, your rental income is not considered to be passive, and can be reported onto a Schedule C.
Again, the above-quoted statement is simply false. Real estate professionals report on Schedule E unless they are either considered to be real estate dealers or provide substantial services to their renters.
You clearly are laboring under a misconception as to what constitutes passive income and earned income. All income that is not passive is not necessarily "earned income" that is reported on Schedule C. Actually, the opposite of passive income is nonpassive income.
