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New Member
posted Mar 16, 2020 10:14:02 AM

Is an apartment considered a rented home?

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1 Replies
Expert Alumni
Mar 16, 2020 10:35:25 AM

An apartment could be subleased if your lease agreement and local laws permit that activity.

 

Rental income would be reported on Schedule E.  Your rental payments to your landlord should be allocated as a cost against the rental income on Schedule E.