Code covering rental property

[cpabsd]

I need to look at the actual IRS code covering Rental properties. Is there one section in the code covering rentals or is it just all over?

Thanks!

[rfassett]

All over. Anything in particular you are looking for?

[jainen]

>>I need to look at the actual IRS code<<

"Need" is probably too strong a word here, because if you don't already know how the tax code works you won't be able to understand it anyway. If you are asking about residential rentals, the IRS has an excellent manual at CLICK HERE. Although it doesn't give citations, it covers IRS regulations and interpretations (which have the force of law) as well as the tax code itself.

For anything more technical, I recommend you engage a tax professional. Many tax rules apply only to certain taxpayers, involve arcane definitions, or rely on court rulings that only affect part of the country.