Fair Rental Price (2024)

Fair Rental Price

A fair rental price for your property generally is the amount of rent that a person who is not related to you would be willing to pay. The rent you charge is not a fair rental price if it is substantially less than the rents charged for other properties that are similar to your property in your area.

This information is found in Publication 527, Residential Rental Property.

Fair Rental Price (2024)
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