Correctly Report Your Rental Income

By |2017-05-24T13:42:02+00:00March 29th, 2017|Categories: Real Estate|Tags: , , , , , |

Reporting income from rental properties may seem straightforward, but that’s not always the case. The IRS definition of rental income may be broader than property owners realize. Such misunderstandings could prove costly if uncovered by an IRS audit. What is Rental Income? Rental income is any payment you receive for the use or occupation of [...]