Rental income and expenses are treated as:

Question

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Rental income and expenses are typically treated as separately stated items on a partnership tax return. This means that each partner's share of the rental income or loss is reported separately, and each partner is then responsible for including that income or loss on their individual tax returns. This allows for flexibility in how each partner chooses to treat the rental income or loss on their own individual tax return.

Rental Income and Expenses Are Treated As