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Do you have to pay tax on apartment rental if apartment is secondary residence?
Wiki User
∙ 12y ago
You should negotiate about tax with house owner
Wiki User
∙ 12y ago
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Can you deduct homeowner association dues?
Usually not, since your assessments pay for services and contributions to your reserve accounts.
Why do you need good credit when renting an apartment?
Because this serves as their gauge on how capable you are to pay the rental dues.
Do you pay tax on rental income if you pay rent elsewhere?
Whatever amount you pay for your own personal residence has no effect whatsoever on the taxability of rent payments you receive.
Can a summer rental landlord put a lien on your permanent residence?
***MORE INFO*** We received a rental agreement to sign, for a 1 week vacation rental property. In the contract, it states that if damage is done to the rental property and we do not pay for it, the owner has the right to place a lien on our permanent residence. Both properties are in Maryland. Is this even possible? Should we sign it?
Does Co-signing on an apartment rental affect my credit?
Yes it might effect the tenant for whom you have co-signed have the apartment does not paythe rent then the co signer is reposible and you have to pay the rent.
What is an example of economic racism?
An African-American tenant is required to pay a higher security deposit for an apartment rental than a white tenant
Do you have to pay an application fee for an apartment?
Most property managers require an application fee to see the Tenant's seriousness in the rental. Also, they want to make sure you are not wasting their time with bad credit or bad rental history.
Can the state of Missouri garnish your wages for a previous rental when you go to jail and are unable to pay for the apartment?
Who do you think should be responsible for your debt? You entered into a financial agreement with the rental agency. Failing to pay as agreed causes financial harm to the owners of the property and they certainly have the right to seek payment.
How much do you pay someone to show a 1 and a 2 bedroom rental apartment condominium near the Galleria in Houston?
A local realtor can help you price the value of this service.
If your apartment has bed bugs do you have to pay for it?
You'll have to pay for the apartment but the bed bugs are free.
Who is responsible for car vandalism on a rental property the landlord or the tenant my car is parked in a reserved parking space at my apartment complex which I pay every month?
Unless your rental agreement specifies liability belongs to the landlord, it would be very unusual for the landlord to have any liability.
Do you get the same tax benefit if your mortgage is financed by a private party instead of a mortgage broker or bank?
Yes, it does not matter who you pay the interest to as long as it is secured by a loan on your primary residence or secondary residence. If your lender does not provide a 1099 at the end of the year, you will have to calculate your interest on your own.
