I have a situation that I am curious about.
I have an old person that is renting a place and has been approved, etc. The rental company requires that you use an app to pay the rent. The old people in question think that this is equal to giving all of their money to some rental company. THERE IS NO REASONING WITH THEM.
Is there any tax implications if they write me a check and then I pay the rental company. Basically I'd be a pass through. It's $2500 per month, so significant and I think it would be fine, but I don't know much about taxes.
I have an old person that is renting a place and has been approved, etc. The rental company requires that you use an app to pay the rent. The old people in question think that this is equal to giving all of their money to some rental company. THERE IS NO REASONING WITH THEM.
Is there any tax implications if they write me a check and then I pay the rental company. Basically I'd be a pass through. It's $2500 per month, so significant and I think it would be fine, but I don't know much about taxes.