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Updated about 11 years ago,
Rental Property Income & the 2 year Rule
In order for rental property to be counted towards regular income you must have the property rented out for 2 years.
My question is does the 2 year rule apply to each property separately? Or once you have had a rental property for 2 years, at that point any additional property you purchase and rent from there on out will automatically be counted towards your income without having to wait 2 years.
Thanks