[quote=The-Shoveler]I think this came up before, I think someone wanted to start a biz that match home owners to other home owners that would rent to each other LOL.
Actually not a bad Idea.[/quote]
Negatory……You would need to report the rent as rental income….
And even if your expenses exceeded your rental income, if your AGI is >$150k you wouldn’t be able to use loss to offset income from elsewhere…unless you happen to be a real estate professional…..And the phaseout of deduction rental losses starts at $100k.
