Publication 527 (2007), Residential Rental Property

Publication 527 - Introductory Material

Table of Contents

Photographs of missing children. The Internal Revenue Service is a proud partner with the National Center for Missing and Exploited Children. Photographs of missing children selected by the Center may appear in this publication on pages that would otherwise be blank. You can help bring these children home by looking at the photographs and calling 1-800-THE-LOST (1-800-843-5678) if you recognize a child.

This publication discusses rental income and expenses, including depreciation, and explains how to report them on your return. It also covers casualty losses on rental property and the passive activity and at-risk rules.

Sale of rental property. For information on how to figure and report any gain or loss from the sale or other disposition of your rental property, get Publication 544, Sales and Other Dispositions of Assets.

Sale of main home used as rental property. For information on how to figure and report any gain or loss from the sale or other disposition of your main home that you also used as rental property, get Publication 523, Selling Your Home.

Comments and suggestions. We welcome your comments about this publication and your suggestions for future editions.

You can write to us at the following address:

Internal Revenue Service
Individual Forms and Publications Branch
SE:W:CAR:MP:T:I
1111 Constitution Ave. NW, IR-6526
Washington, DC 20224

We respond to many letters by telephone. Therefore, it would be helpful if you would include your daytime phone number, including the area code, in your correspondence.

You can email us at *taxforms@irs.gov. (The asterisk must be included in the address.) Please put “Publications Comment” on the subject line. Although we cannot respond individually to each email, we do appreciate your feedback and will consider your comments as we revise our tax products.

Ordering forms and publications. Visit www.irs.gov/formspubs to download forms and publications, call 1-800-829-3676, or write to the address below and receive a response within 10 days after your request is received.

National Distribution Center
P.O. Box 8903
Bloomington, IL 61702-8903

Tax questions. If you have a tax question, check the information available on www.irs.gov or call 1-800-829-1040. We cannot answer tax questions sent to either of the above addresses.

Publication

463 Travel, Entertainment, Gift, and Car Expenses
534 Depreciating Property Placed in Service Before 1987
535 Business Expenses
547 Casualties, Disasters, and Thefts
551 Basis of Assets
925 Passive Activity and At-Risk Rules
946 How To Depreciate Property

Form (and Instructions)

4562
Depreciation and Amortization
5213
Election To Postpone Determination as To Whether the Presumption Applies That an Activity Is Engaged in for Profit
8582
Passive Activity Loss Limitations
Schedule E (Form 1040)
Supplemental Income and Loss

See How To Get Tax Help at the end of this publication for information about getting these publications and forms.

Publication 527 - Introductory Material

Reminder

Introduction

Useful Items - You may want to see: