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Loss of rental income is not reported on a tax return.
Income that was not received can never be entered as an expense or deduction on a tax return.
Loss of rental income is not reported on a tax return.
Income that was not received can never be entered as an expense or deduction on a tax return.
From a tax perspective, there's no such thing as "loss of rental income". You only report rental income you actually receive. If you were not paid rent for a period of time for any reason, then you don't have that income to report anywhere on a tax return.
Take note that with an insurance payout on a claim, that payout will usually include an amount for "loss of rent". That specified amount "is" included in the rental income and gets reported as such.
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