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No. You have to report as rental income the full amount you received, even if the amount covers the 3 years.
Please see this IRS document, in particular the paragraph on Advance rent:
https://www.irs.gov/taxtopics/tc414
No. You have to report as rental income the full amount you received, even if the amount covers the 3 years.
Please see this IRS document, in particular the paragraph on Advance rent:
https://www.irs.gov/taxtopics/tc414
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