argadorn Posted September 16, 2021 Report Posted September 16, 2021 tax returns appudu emi estahru @Spartan @tacobell fan @JambaKrantu.. friend ki cash pay cheyacha ah residential property ki Quote
Sputnik Posted September 16, 2021 Report Posted September 16, 2021 You mean lease lo lekapovadama? Quote
Spartan Posted September 16, 2021 Report Posted September 16, 2021 friend valla intlo ante.? u mean as paying guest. or for rent... unless the person owns the home, nothing changes wrt tax perspective. 1 Quote
argadorn Posted September 16, 2021 Author Report Posted September 16, 2021 6 minutes ago, Sputnik said: You mean lease lo lekapovadama? 6 minutes ago, Spartan said: friend valla intlo ante.? u mean as paying guest. or for rent... unless the person owns the home, nothing changes wrt tax perspective. he has resiential property like 3 houses.. vadu valla emi kattu antunaud like less rent compared to area ... and cash lo evvu antunadu ..kavali antay rental agreement online dorikedhi esthanu danitho license lantivi cheyachu antunadu ... taxreturns appudu home ani evvu em kadhu antunadu ... @Spartan paying guest with cash 6 minutes ago, Sputnik said: You mean lease lo lekapovadama? Quote
Spartan Posted September 16, 2021 Report Posted September 16, 2021 1 minute ago, argadorn said: he has resiential property like 3 houses.. vadu valla emi kattu antunaud like less rent compared to area ... and cash lo evvu antunadu ..kavali antay rental agreement online dorikedhi esthanu danitho license lantivi cheyachu antunadu ... taxreturns appudu home ani evvu em kadhu antunadu ... EMi amount katta mantunnadu...not the EMi itself right... so he will be considered renter...and nothing changes for tax purpose..regular ga file cheskovadame... Owner friend gadu rental income chupioddu ani cash adugutunnadu....because if he shows rental income he has to pay tax. (home owner benefits negate avutai ani. Quote
argadorn Posted September 16, 2021 Author Report Posted September 16, 2021 1 minute ago, Spartan said: EMi amount katta mantunnadu...not the EMi itself right... so he will be considered renter...and nothing changes for tax purpose..regular ga file cheskovadame... Owner friend gadu rental income chupioddu ani cash adugutunnadu....because if he shows rental income he has to pay tax. (home owner benefits negate avutai ani. correct adey annadu he will get 1 percent benefit ani ... so Manamu rent ani petti tax returns file chestham antay ga ... thanks uncle Quote
Spartan Posted September 16, 2021 Report Posted September 16, 2021 Just now, argadorn said: correct adey annadu he will get 1 percent benefit ani ... so Manamu rent ani petti tax returns file chestham antay ga ... thanks uncle yes Quote
Pitta Posted September 16, 2021 Report Posted September 16, 2021 19 hours ago, Sputnik said: You mean lease lo lekapovadama? wrong Quote
gunturfriends Posted September 17, 2021 Report Posted September 17, 2021 On 9/15/2021 at 11:12 PM, Spartan said: EMi amount katta mantunnadu...not the EMi itself right... so he will be considered renter...and nothing changes for tax purpose..regular ga file cheskovadame... Owner friend gadu rental income chupioddu ani cash adugutunnadu....because if he shows rental income he has to pay tax. (home owner benefits negate avutai ani. I don't think rental income is taxable in USA. There will be property tax and that's it. Quote
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