I currently lease an apartment and sublet it out as a furnished dwelling. I have the furniture to depreciate, the expense of the lease payments, expenses of utilities, a special rental insurance that my agent explains is used by hotels and the rental income to pay taxes on. Since I do not own the property how would I file this on my taxes?
kmurray | Community Moderator |
1/12/2012 - 11:28 am
Hi,
Try getting in touch with a local Small Business Development Center, which is one of SBA's resource partners. They're located across the country andprovide free business counseling and answers. Visit SBA Direct to find your local SBA resource partners by entering your zip code.
kmurray | Community Moderator | 1/12/2012 - 11:28 am
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