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Level 4
posted Feb 2, 2021 6:23:49 AM

Office Sublet on Schedule E?

Hello, there seems to be divided answers as to whether an office sublet would go on Schedule E or Schedule C.  What's your perspective?

 

Additionally, if it's appropriate on Schedule E, what should I list for percent ownership?  Technically I do not own the office, but I assume that is not what's meant here.

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1 Replies
Expert Alumni
Feb 2, 2021 7:34:45 AM

It is a non-residential rental. Please see this LINK in regards to how to treat a rental property that you don't own.