724262

Is no rent rental an investment property when sold ?

I have a house that my son lives in and does not pay rent. I have never lived in the house. When sold is it a rental or investment property?

posted

Connect with an expert

1 Best answer

Accepted Solutions

Is no rent rental an investment property when sold ?

It would be considered an investment property if it was never use for business purposes such as a residential rental unit where it was rented to a paying tenant.

View solution in original post

1 Reply

Is no rent rental an investment property when sold ?

It would be considered an investment property if it was never use for business purposes such as a residential rental unit where it was rented to a paying tenant.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post