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jlp2
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Can my dependent who lives on my rental income property for his rent, be my property manager

 
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view2
New Member

Can my dependent who lives on my rental income property for his rent, be my property manager

 Personal-use days include any days, or a portion thereof, in which the taxpayer or any relatives lived in the home.

 The U.S. Tax Code §280A, disallows any loss claimed by  parents, if the rental is used by a member of the family and that family member is not paying fair rental value for the apartment.

You are considered to be using the house yourself.

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view2
New Member

Can my dependent who lives on my rental income property for his rent, be my property manager

 Personal-use days include any days, or a portion thereof, in which the taxpayer or any relatives lived in the home.

 The U.S. Tax Code §280A, disallows any loss claimed by  parents, if the rental is used by a member of the family and that family member is not paying fair rental value for the apartment.

You are considered to be using the house yourself.

View solution in original post

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