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Landlord Community » Tax Planning for Landlords

1. aroberts
   Member

   I ended up keeping half of my tenant’s security deposit, does this count as income that I need to declare?

   Posted 1 year ago #

2. mgold
   Member

   Yes, according to the IRS any funds withheld from a deposit are counted as income in the year they are retained...

   Posted 1 year ago #

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