Accountants Start Here

Deductions and Write-Offs

Rent to own Would I be taxed in the year I get a $30,000 down payment or when I sell?

I would also like to know if my tenant gives me a sum of money every year would I be taxed in that year on that many or when the place sold? I live in California and I live on one side of the duplex.

Asked By: Sue.
Saturday, February 25, 2023

This Question Has Not Yet Been Answered.
Interested in more Deductions and Write-Offs Questions?

Share This Answer

Looking For More?

View all Deductions and Write-Offs Questions

View More Questions
  1. Home
  2. Ask a CPA
  3. Deductions and Write-Offs
  4. Rent to own Would I be taxed in the year I get a $30,000 down payment or when I sell?