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Updated over 6 years ago on . Most recent reply

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Ernesto Correa
  • Vacaville, CA
8
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20
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Does renting a room to an adult child qualify as being a landlord

Ernesto Correa
  • Vacaville, CA
Posted

Hello,

I am currently renting a room to my adult child and was wondering if this qualifies me to be able and take the tax benefits of a RE "investor".

Thanks 

  • Ernesto Correa
  • Most Popular Reply

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    Anthony Wick
    • Rental Property Investor
    • Ankeny, IA
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    Anthony Wick
    • Rental Property Investor
    • Ankeny, IA
    Replied
    @Ernesto Correa You do realize you’d have to first claim the rent as income on your taxes, right? How do you think this will benefit you?

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