Rent A Son In Law Headquarters
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I am renting a house to my son and daughter-in-law. Can I ...
- https://www.mytaxseason.com/can-i-claim-rental-expenses/
- Feb 24, 2020 · If you don’t rent your property to make a profit, you can deduct your rental expenses only up to the amount of your rental income. You can’t carry forward rental expenses in excess of rental income to the next year. Refer to Publication 527, Residential Rental Propertyand Publication 535, Business Expenses.Estimated Reading Time: 2 mins
Renting InLaw Unit separately from the primary home?
- https://www.biggerpockets.com/forums/81/topics/461976-renting-inlaw-unit-separately-from-the-primary-home
- @James Carlson I just received a mailing flyer in the mail from a Colorado Springs attorney office detailing AirBNB law in Colorado Springs. It stated that Personal Residence was all you could rent out on AirBNB for Co. Springs as well. I'm no legal expert though and it was just a flyer, but I have been reading a lot on the local push from the hotel associations to strictly enforce the AirBNB law.
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