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Updated about 8 years ago on . Most recent reply

Conner Thompson's profile image
Conner Thompson's profile image
Conner Thompson
  • from Vancouver, Washington
  • Member since Jun 17, 2016
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Conner Thompson's profile image
Conner Thompson's profile image
Conner Thompson
  • from Vancouver, Washington
  • Member since Jun 17, 2016
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Conner Thompson
  • Vancouver, WA
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General Landlording & Rental Properties

Tips For Renting / How To Claim Income

Conner Thompson
  • Vancouver, WA
Posted

I just purchased a 3 bedroom 2 bathroom house and am living in one room and renting out on of the other rooms.

Is there a special way to claim this renter for my income?
Can renovations be claimed on taxes?
Is there a way to LLC. (or turn it into a business)?

Pretty much any advice or anything you guys think I might be missing would be greatly appreciated.

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