You'll need to sign in or create an account to connect with an expert.
that depends on the ration of 150 to the actual typical rent, don't you think?
you did not say what that was.
No necessarily. It could be aggressive pricing to make sure you have a tenant, or you have an existing long term tenant for whom you have not raised the rent. There are other factors to consider as well. How much is the average rent? How does your property compare (size, condition)? Is the tenant related to you? Etc.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Tax117
Level 1
TaxAdvice
Level 1
khowden
New Member
MauryM
Level 3
MauryM
Level 3
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.