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New Member
posted Mar 24, 2025 3:12:27 PM

If I am renting a house to my daughter, at a net loss for me, do I qualify for Safe Harbor as a trade or business? I do almost all of the maintenance and upkeep myself.

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1 Replies
Expert Alumni
Mar 24, 2025 3:14:26 PM

No.  If you are renting the house to your daughter at less than Fair Market Rental Value, this is considered personal use of the property and not a rental property, so you cannot deduct any expenses for this property.  It is basically treated the same as your own home would be treated.