Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Rental property taxes in DC"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]You won’t actually owe any taxes under the personal property return as there is a minimum amount of personal property you have to own before it applies. I think that figure is $100K. For years any accountant would have told you not to file but recently dc stopped renewing rental licenses unless it was filed. Since the underlying return is a zero dollar return there is no penalty for late filing The whole thing is an exercise in futility. The cost of compliance in rental property owners will be not insignificant and the benefit to dc literally zero. This is being enforced to create the need to hire more employees in the tax office to review the form. It is the perfect example of what is wrong with DC. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
