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Updated over 5 years ago,

Account Closed
  • Rental Property Investor
  • Rochester, N.Y.
25
Votes |
20
Posts

Turning primary residence into rental

Account Closed
  • Rental Property Investor
  • Rochester, N.Y.
Posted

Hello BP... I purchased my first house about 15 months ago, fixed it up and am now renting the property as I search for my next rental property. I’ve gotten the permit with the town, rental dwelling insurance, and am changing my address back to parents home for the time being. Anything else I need to check off that I might be missing? I simply claim the rent as income at tax time as usual, correct?