hillsboro15269
Level 4

There's this special deal called "renting for less than FMV." I've seen it more for businesses renting to non-profits, although it also happens when family members rent to family members.

I haven't done one in Pro Series yet, but I'm guessing it's pretty straight-forward, once you figure out what you're doing.

Check out IRS Pub. 527 for more info. Happy Taxing 🙂