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Not if it's Schedule E rental income, which is considered Passive or Unearned income. IRA contributions must come from Earned income, normally W-2 wages or net Self-Employment.
No, rental income cannot be used to fund an IRA. Only taxable compensation can be used to fund an IRA.
See IRS Publication 590-A Contributions to Individual Retirement Arrangements (IRAs) page 6 - https://www.irs.gov/pub/irs-pdf/p590a.pdf#page=6
What Isn’t Compensation?
Compensation doesn’t include any of the following items.
• Earnings and profits from property, such as rental income, interest income, and dividend income.
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