you could wind up paying the landlord's high rent increases over and over again. The step lease attempts to second-guess what the landlord's expenses (for taxes, insurance and maintenance ...
What’s the tax bite when you own—or sell—a rental property? Jean Folger has 15+ years of experience as a financial writer covering real estate, investing, active trading, the economy ...
ITAT Vishakhapatnam held that invocation of deemed rent under section 23 (1) (a) of the Income Tax Act unjustified since property of the assessee is leased out for a continuous long period for the ...