marctu
Employee Tax Expert

Retirement tax questions

Thank you for your question Mae C.    Unfortunately in your case this rule applies: all rental income must be reported on your tax return, and in general the associated expenses can be deducted from your rental income.

 

 

See:

 https://www.irs.gov/businesses/small-businesses-self-employed/tips-on-rental-real-estate-income-dedu....

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