Do I need to claim the portion of security deposit not returned as income from my rental property?

posted

Connect with an expert

1 Best answer

Accepted Solutions

Do I need to claim the portion of security deposit not returned as income from my rental property?

Yes, the portion of a security deposit not returned is considered taxable rental income.

View solution in original post

1 Reply

Do I need to claim the portion of security deposit not returned as income from my rental property?

Yes, the portion of a security deposit not returned is considered taxable rental income.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post