Hiring Your Children to Work on Your Rental Properties

Question
I have read your excellent articles on hiring my children.
I think I have the perfect jobs for them in connection with my rental properties.
My concern is that there is no line item on Schedule E for wages. Does the lack of a line item mean that I can’t
deduct the wages I will pay my children?
Answer
No, it simply means that the wages go on line 19 of Schedule E in the “other” expenses category.
The IRS has only so much room to list the names for individual line items.
The IRS says in its regulations that you may deduct the ordinary and necessary expenses paid or incurred to
manage, conserve, or maintain your rental property.
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