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New Member
posted Jun 3, 2019 1:31:41 PM

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

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1 Best answer
Level 9
Jun 3, 2019 1:31:42 PM

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

2 Replies
Level 9
Jun 3, 2019 1:31:42 PM

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

New Member
Jun 3, 2019 1:31:45 PM

Thank you