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kathleenbranniga
New Member

I manage my own condo, which I rent out as I live elsewhere. Does that qualify me as a self-employed business?

 
2 Replies
zz3bcn
Level 2

I manage my own condo, which I rent out as I live elsewhere. Does that qualify me as a self-employed business?

No - you are only passively managing the rental of a condo.  It is not your full time job! 

AmyC
Expert Alumni

I manage my own condo, which I rent out as I live elsewhere. Does that qualify me as a self-employed business?

You would not want to pay Medicare and Social Security tax of an additional 15.3% either. No, it is just a rental.

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