terishaw1040sf
Level 1
03-18-2020
01:57 PM
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I understand, but is a single, or several rental units managed by an individual (not their personal residence) or management company, assuming it's competently managed and all necessary 1099s are issued, automatically considered a trade or business?
And thank you for your replies, I really appreciate it. Every tax season seems like it's the worst but this one is for sure.