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Posted by Benjamin Yazersky CPA on February 6, 2007, 10:17 pm
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> I own my home. I let my girlfriend and 2 friends live here
> with me and I charge them less than market rate for rent.
> Do I need to claim the rent they pay me as income on my
> taxes? How can I offset this or deduct from it to negate
> the taxes I may otherwise owe?
If you're collecting rent, you should be filing schedule E
___________________________________
<<< Benjamin Yazersky, CPA [NJ & NY] >>>
-----> real address on hobokeni or hobokenx <-----
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