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General Landlording & Rental Properties
HomeForumsGeneral Landlording & Rental PropertiesBuying Rental for Child: Tax Benefits
Nimit A.'s profile image
Nimit A.'s profile image
Nimit A.
  • from San Francisco, CA
  • Member since Apr 2, 2017
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Nimit A.'s profile image
Nimit A.'s profile image
Nimit A.
  • from San Francisco, CA
  • Member since Apr 2, 2017
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Nimit A.
  • San Francisco, CA
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General Landlording & Rental Properties

Buying Rental for Child: Tax Benefits

Nimit A.
  • San Francisco, CA
Posted Jul 8 2018, 19:53

Does anyone know if there are any special tax benefits in this situation:

Buy a 2/3 bedroom house and have the child live in one of the bedrooms and rent out the others. 

Would I file taxes normally i.e. as if I am only getting rent from the other 1/2 bedrooms and no other tax benefits when I sell? Sorry if I missed a previous thread on this, but couldn't find anything.

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