The National Directory of Certified Public Accountants

Ask A CPA - Rental Expenses

Is The Net Income From My Rental Property Subject To Self-Employment Tax ?

Generally not. Rental income from real estate is not considered self-employment income subject to self-employment tax. The exception to this is if you are considered a real estate dealer or income from a rental business where substantial services are rendered to the occupant.

If you need professional help with "Rental Expenses" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.