subject
Business, 09.02.2022 19:00 Jasten

The local electric company requires a $200 refundable deposit from new customers in lieu of a credit check. Landlord Pete, a cash basis taxpayer, pays this amount for all his new-to-town tenants. When the tenant has paid the electric bill without delay, the electric company credits the deposit from the subsequent bill(s) until the entire amount is refunded. Pete allows the tenants to keep the credits on their utility account. The rent charged remains more or less at market value for the apartments. Thus, Pete is using the deposit as a way of attracting tenants. Required:
Can he deduct the $200 payments on his tax return?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 23:20
Which feature transfers a slide show into a word-processing document?
Answers: 2
question
Business, 22.06.2019 03:30
Sarah salesrep is brand new to her job selling "lifetime" printers that never need replacement ink cartridges. the problem is that these printers cost ten times more than a regular printer, so it is difficult to get prospective buyers to understand the cost savings of buying it. to break through the barrier and begin making sales, sarah should use a analysis that highlights her printer's lower cost.
Answers: 3
question
Business, 22.06.2019 03:30
In return for their with optimizing his painting project, the castle servant informed poly and digit that he saw someone dressed as the king leaving behind a trail of crumbs as he walked into the jester's room late last night. poly and digit have finally found the crisp-collecting culprit รขโ‚ฌโ€ it turns out the jester's shoe size and hair color match the clues that were found! in gratitude, poly and digit agree to the servant with his current task of replacing all of the tables and chairs in the castle. his goal is to determine which furniture company should produce the new furniture. he receives information from a company that customizes elegant furniture, and he wants to analyze the company's production process in order to calculate some problems about cost and availability. read the following scenario, and assist poly and digit as they the servant with his calculations. the fit for a king furniture company requires 2020 hours of labor to produce a standard table, and a chair requires 1212 hours of labor. the labor available is 565565 hours per week. the company can produce at most 3535 chairs per week.
Answers: 1
question
Business, 22.06.2019 14:10
When a shortage or a surplus arises in the loanable funds market a. the supply of loanable funds changes to return the economy to its original real interest rate b. the nominal interest rate is pulled to the new equilibrium level c. the demand for loanable funds changes to return the economy to its original real interest rate d. the real interest rate is pulled to the new equilibrium level
Answers: 3
You know the right answer?
The local electric company requires a $200 refundable deposit from new customers in lieu of a credit...
Questions
question
Mathematics, 16.09.2020 15:01
question
Mathematics, 16.09.2020 15:01
question
Mathematics, 16.09.2020 15:01
question
Spanish, 16.09.2020 15:01
question
English, 16.09.2020 15:01
question
Physics, 16.09.2020 15:01
question
Business, 16.09.2020 15:01
question
Mathematics, 16.09.2020 15:01
question
Mathematics, 16.09.2020 15:01
question
Mathematics, 16.09.2020 15:01
question
Mathematics, 16.09.2020 15:01
question
Mathematics, 16.09.2020 15:01
question
Mathematics, 16.09.2020 15:01
question
Mathematics, 16.09.2020 15:01
question
Mathematics, 16.09.2020 15:01
question
Mathematics, 16.09.2020 15:01
question
Mathematics, 16.09.2020 15:01
question
Mathematics, 16.09.2020 15:01
question
Mathematics, 16.09.2020 15:01
question
English, 16.09.2020 15:01
Questions on the website: 13722363