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Updated about 2 years ago on . Most recent reply

Sam Colangelo's profile image
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Sam Colangelo
  • Member since Dec 14, 2022
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Sam Colangelo's profile image
Sam Colangelo's profile image
Sam Colangelo
  • Member since Dec 14, 2022
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Sam Colangelo
1
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Posts
House Hacking

Renting rooms and taxes

Sam Colangelo
Posted

Hello! Im wondering if anyone can help me understand if i will need to report income I’ve been receiving via Venmo over this past year. I bought a house early 2022 and have two friends renting out two rooms paying me each month via Venmo. Will this need to be reported to IRS? I want to make sure I do what’s right. Thanks!!! 

Joliet, Illinois
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