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Level 5
posted Dec 11, 2025 1:41:10 PM

Active Participant - Rental Property

I was wondering if I would be considered an Active Participant in the room I rent to my son.

I own 50% of the property.

When repairs are required I make the decisions and I collect the monthly rent.

Not all years require repairs.

 

Thanks

 

0 1 2848
1 Best answer
Level 15
Dec 11, 2025 1:57:03 PM

Yes, as long as you rent to him at fair market value. 

1 Replies
Level 15
Dec 11, 2025 1:57:03 PM

Yes, as long as you rent to him at fair market value.