Investors & landlords


@Mike9241 wrote:

pub 527 page19

 Used as a home but rented less than 15
days.........


Yes, but that is not the case here.

 

The home is not rented "less than 15 days"; it is rented 365 days but at less than fair rental. Thus, Section 280A(g) does not apply and the income is required to be reported.