We have a property which we are renting but we are not earning income since it goes to the mortgage payment. will it be considered earned income anyway?
We have a property which we are renting but we are not earning income since it goes to the mortgage payment. will it be considered earned income anyway?
01365
1 Replies
TurboTaxJennifer
Level 11
Oct 30, 2019 2:37:17 PM
Yes. Regardless of what you do with the rent you receive, it's still rental income.