Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Can a House Share reduce taxes?

trapprain
Level 2

Does the "personal use component" prevent a 50/50 house share/room rental to a non-related party from going below zero (i.e. negative income) on Schedule E?

0 Cheers
1 Comment 1
PhoebeRoberts
Level 11
Level 11

Pub 527 covers this in pretty good detail.