Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 almost 6 years ago on . Most recent reply presented by

User Stats

29
Posts
4
Votes
Dana Yobst
  • Carrboro, NC
4
Votes |
29
Posts

Lawsuit Award for uninhabitable rent paid: taxable as income?

Dana Yobst
  • Carrboro, NC
Posted

Hi, we won a lawsuit against our dubious landlord in SF (I'm a landlord too) as the house was well below habitable standards in many ways and resulted in personal injury and property damage.  Out attorney said that his clients are all able to claim the rent-back portion as a repayment (and not taxable as income) however our attorney is having heartburn over that and is narrowly citing 2 o3 use cases that preclude and award from income tax.   I'm unable to find any precedence online.   Does anyone have any experience with this sort of thing?  

Loading replies...