How to handle Airbnb rental income and deductions on property I own part of. in Investors & landlords
Trying to understand why my K-1 Form 1065 Line 5 Interest Earned amounts are being transferred to my schedule B and why they are not being offset by my passive losses. in Business & farm
My son lives in my 2nd home year round and pays the mortgage which is a lot less than fair rental prices. Do I report it as income or is this a case of cost sharing with a close family member? in Investors & landlords