About ohanataxservices

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Re: If I own a salon and collect rent for my chairs, is that conside...

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...

ohanataxservices

Updated Feb 08, 2021
Re: If I own a salon and collect rent for my chairs, is that conside...

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...

ohanataxservices

Updated Feb 08, 2021
Re: If I own a salon and collect rent for my chairs, is that conside...

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...

ohanataxservices

Updated Feb 08, 2021

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Date Registered	‎September 14, 2019 5:42 AM
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