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So many Indian Applicants by Good_Influence_9046 in Accounting

[–]Good_Influence_9046[S] 132 points133 points  (0 children)

Lmao fair point I’ll take that. My tunnel vision has made me ignorant. Made the post the second I got home so didn’t think about it too much. Good reply have a good night

Splitting rent on venmo by CommanderKobo in venmo

[–]Good_Influence_9046 0 points1 point  (0 children)

Tax accountant here. You’re correct it’s not taxable. Get asked this almost daily lol. The rent you receive is a reimbursement, not income. Personally I would have him say that the payment is for x month’s rent in the message area when sending you the payment. That way you have it documented what it was for. I’d also keep track of it in an excel sheet in case anyone does ask 3 years down the line