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SingleFamily Rental Property Certificate of Compliance Rescheduling PolicyPurpose The City of Grand Rapids requires Certificates of Compliance be obtained for single family rental properties. Some
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Single-family rental property is a residential property that is rented out to a single tenant or family.
Owners of single-family rental properties are required to file their rental income with the IRS.
Single-family rental property can be reported on Schedule E of Form 1040 when filing taxes.
The purpose of single-family rental property is to generate rental income for the property owner.
Information such as rental income, expenses, and depreciation must be reported on single-family rental property.
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