Rental Income

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Original Message:

Rental Income (by Lorraine H.):

I was told I do not have to report the rental income from my "right to Use" membership in Mexico. I was told since I only own th right to use it for one week a year than you don't report it. I cannot not find anything online that state this. I just want to do the right thing. The brokers say they don't report it and I dont' have to report it becasue I don't own anything but the right to use. Please help me.