Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago on . Most recent reply

User Stats

24
Posts
2
Votes
LIpeng Wu
  • Real Estate Investor
  • Rockville, MD
2
Votes |
24
Posts

Conflicts of home office benefit and no FICA in rental income

LIpeng Wu
  • Real Estate Investor
  • Rockville, MD
Posted

I am now figure out the landlording tax. I know some landlord report their home as home office to get partial deduction and depreciation of their primary residency. However, generally self-employment also needs to pay FICA tax (15.3%) , but rental income actually is exempt form FICA part. So I am wondering whether it is legal to claim both home office benefit and free from FICA on Rental income from IRS, or otherwise you have to select one of them. Which one do you choose?

Loading replies...