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Updated 6 days ago, 12/31/2024

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John Underwood
Pro Member
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
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No tax on Tips for Rental Income

John Underwood
Pro Member
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Posted

So, when Trump changes to no tax on tips I feel inclined to change my rental income structure.

50% reduction in rent.

Previous 50% made up from a mandatory nontaxable tip.  This will be for my excellent service as a landlord.

Just like a restaurant does when you have a party of 8 or more - they add a mandatory tip.

Doubt there will be any laws against this, at least initially.

  • John Underwood
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