St. Ambrose University: Can a cash-basis landlord deduct rent never collected?

By CollegeHousing.ai · Source record dated 2026-10-15

DIRECT ANSWER

Source guidance recorded on 2026-10-15. Confirm the applicable policy year, cohort and property jurisdiction before relying on time-sensitive facts. This is general U.S. financial or tax educational guidance from the cited authority; school-specific eligibility, loan terms and an individual tax outcome are not established.

Publication 527 says cash-basis taxpayers generally cannot deduct uncollected rent because it was not included in income.

Sources & verification

www.irs.gov source-backed-recovered-record

Related St. Ambrose questions

Must rental income generally be reported for a school-area investment property? When is advance rent reported? How does the IRS treat a tenant payment to cancel a lease?

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