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Updated almost 5 years ago,
Am I eligible for a W2 Unemployment if I have a Rental Duplex?
I've lost my W2 job due to COVID-19 quarantine in NYC. I'm applying for Unemployment from NY state. There a question in the application:
Other than part-time work, on-call work, or owning a single-family rental unit, do you have a business or are you engaged in any activity which brings in or may bring in income?
Engaged in any activity (definition):
You are ineligible for unemployment insurance on any day in which you perform any services in employment or self-employment regardless of whether you are paid for these services.
In my tax return I report the income in Schedule E, I don't have a corporation. My cash flow is usually only $300 for both units and right the cash flow is zero because tenants are not paying due to pandemic.
Should answer "yes" to that question and will disqualify me from Unemployment?