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Is a residential rental property that I rented out on a year long lease a for-profit property?

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Is a residential rental property that I rented out on a year long lease a for-profit property?

Unless it is not being rented at fair market value, yes it is a for-profit rental.

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Is a residential rental property that I rented out on a year long lease a for-profit property?

Unless it is not being rented at fair market value, yes it is a for-profit rental.

Is a residential rental property that I rented out on a year long lease a for-profit property?

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