When to Exclude Rental Income

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Do not report rental income on your tax return if you rented your home or vacation home for 14 days or less.

Keep in mind that as a result, you will not be able to deduct rental expenses for the year if you do not report the income.

However, you may still write-off mortgage interest, property taxes, and casualty losses as itemized deductions on Schedule A.

This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. When to Exclude Rental Income is brought to you by SimplifyEm Pay Rent Online and Property Management Software

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