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IRS.gov Website
Publication 17
taxmap/pub17/p17-044.htm#en_us_publink1000265349

Not Rented for Profit(p68)

rule
If you don’t rent your property to make a profit, you can deduct your rental expenses only up to the amount of your rental income. You can’t deduct a loss or carry forward to the next year any rental expenses that are more than your rental income for the year. For more information about the rules for an activity not engaged in for profit, see Not-for-Profit Activities in chapter 1 of Pub. 535.
taxmap/pub17/p17-044.htm#en_us_publink1000265350

Where to report.(p68)

rule
Report your not-for-profit rental income on Schedule 1 (Form 1040), line 21, or Form 1040NR, line 21. If you itemize your deductions, include your mortgage interest (if you use the property as your main home or second home), real estate taxes, and casualty losses from your not-for-profit rental activity when figuring the amount you can deduct on Schedule A.