Original Message:
Nope... (by KC):
Re: >> ...don't have to report 7 day rental income..."<< ==================================
An interesting (but nonetheless entirely incorrect) reply. While I don't profess to know the intricacies of "Turbo Tax" software, I can assure you that rental income is, without question, reportable income to the IRS. There may be "depreciation" taken, as well as taking fees paid during the same year against that rental income, but simply ignoring (i.e. failing to report) the income is bad advice.