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Do I have to claim rental income in a lease to own real estate transaction when the tenants purchased the property in the same year?

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Do I have to claim rental income in a lease to own real estate transaction when the tenants purchased the property in the same year?

Yes, the amount they paid towards the lease that did not get applied to the principal would be considered rent.

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Do I have to claim rental income in a lease to own real estate transaction when the tenants purchased the property in the same year?

Yes, the amount they paid towards the lease that did not get applied to the principal would be considered rent.

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