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Updated almost 12 years ago, 02/14/2013

User Stats

82
Posts
1
Votes
Matt M.
  • Orchard Park, NY
1
Votes |
82
Posts

If I live-in my triplex, do I have to pay taxes on rental income earned?

Matt M.
  • Orchard Park, NY
Posted

To my understanding, actually living in the premises, especially being a 3-home or less, will put you into a different mortgage bracket, tax bracket, etc...

Do I need to claim my rental incomes and then pay taxes on them at the end of the year?

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