IRS form 8825 asks for gross rents. Do I include bank interest generated from holding those rents in a bank account as part of gross rent?

Question

Bostonian In MO · Accepted Answer

No, those are not  part of gross rents.  Those are reported on the underlying return as interest income and flow to the K-1s as interest income.

harib · Answer

Irs Form 8825

tro · Answer

no the interest earned would be on Sch B, is not part of gross rents

Jim · Answer

no, if significant, the bank will issue an interest form

ninasgramma · Answer

No.  Income from cash received would be entered on "Other income."

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