Comments for Unemployed But Own Rental

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Oct 12, 2015
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Property Tax on Rentals
by: Susan Fernando

Property tax is required on land. There are yearly assessments, frequently with some piece of it due on two unique dates amid the year. It depends on the evaluated estimation of the property.

Jun 09, 2011
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Rental Income While Unemployed
by: Anonymous

I believe you are required to file a return if you own a rental simply for informational purposes. You would enter the money your tenants pay for the mortgage as income received. Then you would offset this with the mortgage interest and real estate taxes paid. This would give you a negative income, so you would not get any kind of refund for filing.

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