Rental Expenses

Rental Properties - What is Active Participation ?

You may be treated as actively participating if for example you participate in making management decisions or arrange for others to provide services. Examples of management decisions are, approving new tenants, deciding on rental terms, approving capital or repair expenditures and other similar decisions.

Need Professional Help?

If you need help with "Rental Expenses" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.