Has anybody here ever filed taxes for renting points?

[cseca]

Could you explain real quick how it works?
Filing under FL state tax? Federal?
Thanks so much!

 

[rlovew]

FL doesn't have a state income tax.

 

[cseca]

FL doesn't have a state income tax.

oh yeah, forgot about that...

 

[jlewisinsyr]

In theory though it would be income that would be reportable to the IRS.

 

[DebbieB]

FL doesn't have a state income tax.

But should there be room tax?

 

[silmarg]

Florida does have a sales tax on rent.

Rental Income would need to be reported on your federal return (and likely your primary residence state return as well). You could deduct the MF on those points....