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: Msgr. Refugio Daniel
Last Updated:
Views: 5545
Rating: 4.3 / 5 (74 voted)
Reviews: 89% of readers found this page helpful
Name: Msgr. Refugio Daniel
Birthday: 1999-09-15
Address: 8416 Beatty Center, Derekfort, VA 72092-0500
Phone: +6838967160603
Job: Mining Executive
Hobby: Woodworking, Knitting, Fishing, Coffee roasting, Kayaking, Horseback riding, Kite flying
Introduction: My name is Msgr. Refugio Daniel, I am a fine, precious, encouraging, calm, glamorous, vivacious, friendly person who loves writing and wants to share my knowledge and understanding with you.