Legal Question in Real Estate Law in Florida
i am a small business owner and found a space to rent in a church, should i rent from a 501c organization when they dont pay taxes, and i have to claim my rent expenses on my taxes.. please advise
Asked on 4/07/14, 6:00 am
1 Answer from Attorneys
Barry Stein
De Cardenas, Freixas, Stein & Zachary
You can rent space from anyone you want. Their status wont affect yours. If you have a proper lease and pay the amounts due, they will be deductible rental expenses. Seek advice from an accountant if you are concerned.
Answered on 4/07/14, 6:59 am
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