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Re: How do I make sure landlord will pay taxes on rent collected?



SS wrote in message <[EMAIL PROTECTED]>...
>I am paying by check but he is not giving me any receipt. How do I
>make sure he will pay income tax on rent revenue at end of year? Is
>there a IRS form that I can fill out as a renter?
>
>thanks
>SS


He doesn't pay tax on Rent Revenue,  he pays tax on profit.    There may be
no profit this year so no tax.

In a competitive market,  he may lose money during his first few years of
ownership.

Regards
  Old Al





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