ohanataxservice s
Level 2
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It is NOT rental income reported on Sch E if you provide substantial service ie: common areas (shampoo bowls, towels, capes, color room, etc) but would be Sch C...
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If you rent chairs to other stylists in your salon, and they share any of the common areas of use, such as shampoo bowls, towels, capes, color room, washer/drye...
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Agree with Carl! In the standard salon setting, all stylists share the common areas such as shampoo bowls which makes it Sch C income as the landlord provides s...
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- Got Cheered for Re: If I own a salon and collect rent for my chairs, is that considered rental income? Do I report that on Schedule E? Is it subject to self-employment taxes?. January 14, 2022 6:03 AM
- Got Cheered for Re: If I own a salon and collect rent for my chairs, is that considered rental income? Do I report that on Schedule E? Is it subject to self-employment taxes?. January 14, 2022 6:03 AM
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- Got Cheered for Re: If I own a salon and collect rent for my chairs, is that considered rental income? Do I report that on Schedule E? Is it subject to self-employment taxes?. February 8, 2021 4:41 PM
- Posted Re: If I own a salon and collect rent for my chairs, is that considered rental income? Do I report that on Schedule E? Is it subject to self-employment taxes? on Investors & landlords. February 8, 2021 4:40 PM
- Posted Re: If I own a salon and collect rent for my chairs, is that considered rental income? Do I report that on Schedule E? Is it subject to self-employment taxes? on Investors & landlords. February 8, 2021 4:39 PM
- Posted Re: If I own a salon and collect rent for my chairs, is that considered rental income? Do I report that on Schedule E? Is it subject to self-employment taxes? on Investors & landlords. January 22, 2021 12:03 PM
- Cheered Re: If I own a salon and collect rent for my chairs, is that considered rental income? Do I report that on Schedule E? Is it subject to self-employment taxes? for Carl. January 22, 2021 11:58 AM
- Cheered Re: If I own a salon and collect rent for my chairs, is that considered rental income? Do I report that on Schedule E? Is it subject to self-employment taxes? for Bsch4477. January 22, 2021 11:58 AM
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- Cheered It would be to your advantageous to find another local ta... for TaxGuyBill. September 14, 2019 5:42 AM