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Kiplinger
Kiplinger
Business
Kelley R. Taylor

How to Earn Tax-Free Rental Income — Legally

IRS Masters Augusta National Golf Club The Tax Court
Rendering of a house made of dollar bills on a turquoise background.

If you own real estate, you know your rental income needs to be reported on your federal income tax return. However, you can usually deduct associated expenses from that rental income. But did you know there is a legal way to earn tax-free rental income?

When is rental income taxable?

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