Rental income you receive from real estate does not count for Social Security purposes unless:
You receive rental income in the course of your trade or business as a real estate dealer (see §§1214-1215);
Services are rendered primarily for the convenience of the occupant of the premises (see §1218); or
In the case of farm rental income, you materially participate in the production or in the management of the production of farm commodities on land rented to someone else. (See §§1221-1232.)
Author: Greg Kuvalis
Last Updated:
Views: 6332
Rating: 4.4 / 5 (55 voted)
Reviews: 94% of readers found this page helpful
Name: Greg Kuvalis
Birthday: 1996-12-20
Address: 53157 Trantow Inlet, Townemouth, FL 92564-0267
Phone: +68218650356656
Job: IT Representative
Hobby: Knitting, Amateur radio, Skiing, Running, Mountain biking, Slacklining, Electronics
Introduction: My name is Greg Kuvalis, I am a witty, spotless, beautiful, charming, delightful, thankful, beautiful person who loves writing and wants to share my knowledge and understanding with you.