Landlord Question and Answer Forum
I own a home in California and have rented it out,is this considered my business and do I need to now pay tax because of that business,I have never heard of this can anyone inform me thank you.
Sherry M, CA on Tuesday, October 17, 2017
RE: business
https://www.irs.gov/taxtopics/tc400/tc415
Copy and paste that into your web address bar. Its the IRS website. It will give you the information you need to know about renting out your property. Congrats!
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