Personal residence - rental income

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  • natiro
    Senior Member
    • Jun 2005
    • 152
    #1

    Personal residence - rental income

    Just curious how others report this. Taxpayer buys a home (personal residence) and the seller rents it from the taxpayer for 17 days before moving. Rental income is reported on the closing statement. Any thoughts?

    Thanks.
    Tags: None
    • djack1040
      Member
      • Oct 2005
      • 41
      #2
      Rental of House After Closing

      I would just put the amount on Line 21-Other Income and be done with it.

        Comment

        • Gretel
          Senior Member
          • Jun 2005
          • 4008
          #3
          I agree, would do same thing.

          Too bad it's not under 14 days.

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