Hello~!
I have rent a big house of 6 rooms and I am planning to rent it again to some of my friends.
My question is, can I register this kind of business(Room rent) officially,pay the tax and receive the payment from my friends by credit card?
What is the requisite and where I can ask so that I can receive the payment by credit card?
Looking forward to your favorable reply.
Thanks for reading this.
^^
2007-02-26 08:56:04 · 2 answers · asked by effort_50 1 in Business & Finance ➔ Renting & Real Estate
Definately a cpa question, but Im pretty sure you can. I collected rent on 30 houses and used credit card on some. Most people dont do it because they can stop payment to you much easier. You can prosecute a bounced check, credit cards will give you endless beaurocracy. Also I learned when I signed up as a venderr withh American Express that if a customer requests a refund, they get it back and I can not dispute it for any reason.
2007-02-26 09:31:14 · answer #1 · answered by Mark P. 5 · 0⤊ 0⤋
2
2016-07-19 06:13:37 · answer #2 · answered by Fausto 3 · 0⤊ 0⤋
Rent To Own Homes : http://RentToOwnHome.uzaev.com/?hIJR
2016-07-11 14:35:06 · answer #3 · answered by Kenneth 3 · 0⤊ 0⤋