I Rent my house $1200 but my tent he only pay me $1000 because he doesn't work to many hours. I'm losing $200 each month. How put the losing in my income tax
Is my rental property
01565
1 Best answer
DoninGA
Level 15
Jun 5, 2019 10:49:34 PM
Loss of rent is not reported or entered as an expense on a rental property. You only enter the total rents received as income.
1 Replies
DoninGA
Level 15
Jun 5, 2019 10:49:34 PM
Loss of rent is not reported or entered as an expense on a rental property. You only enter the total rents received as income.