Section 2101 of the bill accomplishes this by considering anyone receiving rental income as engaged in a trade or business.
actually, thats an improvement over us evil landlords receiving unearned income
but I dont get this - we already have to be prepared to document every expenditure on the property to claim it as an expense
Words have meanings...............
what “income”
I have a true negative cash flow on my rental, have for years, and this year after sitting vacant for 5 months (usually rented in a week) we are back to getting same rent we were able to get in 1999 :-(
I console myself with knowing obama gets less money if I get less money