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Posted by Mark Bole on April 23, 2008, 8:48 pm
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Ernie Klein wrote:
[...]
> I know of no
> requirement that rent be paid in dollars rather than materials
And in both cases (cash or barter), it is taxable rental income to the
landlord. On the other hand, a landlord may have deductible expenses
for contracted repairs or improvements to his property, no matter in
what form they were paid for, cash or barter.
-Mark Bole
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