During the Super Bowl, Ginny rents her house out for 7 days, earning $10,000 in rents. Ginny paid a commission to the rental company of $1,000 and paid $500 for cleaning services related to the rental. Ginny lived in her house for the remainder of the year. What is the proper tax treatment?

Answer rating: 100% (QA)

The income Ginny earned from renting out her house is considered rental income and must be repor... View the full answer