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Q: Which of these involves renting a residence for a specific amount of time such as six months one year or even five years?
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Which Involves renting a residence for a specific amount of time such as six months one year or even five years?

lease


Should you report income from renting a room in your residence?

Yes rental income and expenses would be reported on the schedule E of the 1040 tax form.There are special rules relating to the rental of real property that you also use as your main home or your vacation home. For information on income from these rentals, or from renting at an amount less than the fair market value, refer to Topic 415, Renting Residential and Vacation Property (formerly Renting Vacation Property and Renting to Relatives).Go to the IRS gov web site and use the search box for TOPIC 415Click on the below Related Link


What is the price range for luxury car rentals?

It depends on the type of car you are renting and the amount of time you are renting it for. It is best to shop around at different rental places to find the best price.


What is the risk of Renting a house with a pool?

The main risk with a pool is that someone will fall in and sustain an injury (or worse, drown). As a renter versus the owner, you may or may not be liable (but seems more likely that you would be somewhere between negligent and culpable -- check with a lawyer for laws specific to your state). The other risk involves the amount of increase you can bear and will incur in pool maintenance (chemicals, operating equipment and/or repairs, etc.) and of course your water bill.


What should you do if your tenant refuse the new rent but still wants to continue renting it?

If the lease is up, you can legally evict if they refuse to pay the new amount using partials as the reason. if they want to continue renting it they have no choice. If no lease, you can legally charge whatever you want and they either pay the full amount or go.


What does sell mean in math terms?

To give a specific amount of something in exchange for a specific amount of something else at a specific rate or price.


What is the definition of a permanent residence?

A permanent residence in the United States of America is constituted by a "Green Card" which states that the cardholder is living in the USA permanently, and will be doing so for an unspecified amount of time.


What is primary reserve?

A primary reserve is a specific amount of money that a bank needs. This specific amount is the least amount they need to run the bank.


What is half bait and full bait in horse riding?

Half baiting a horse is renting a horse for a certain amount of time for all lessons and to use in horse shows. Full bait is renting a horse for a longer period of time.


How much solvent can dissolve a given amount of solute?

This depend on the solute and the specific solvent.


What is a prayer amount?

The prayer amount is the demand for a specific dollar amount of damages.


What does fixed amount mean?

In that use the term "Fixed" means a known quantity or a specific amount. If you have a "fixed amount of cash" it means you know there is a specific amount available and no more.