Washington Homes For Rent
Description
How to fill out Washington Property Management Package?
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FAQ
Property owners must collect and pay retail sales tax on the rental charges. They also need to pay lodging and convention and trade center taxes, depending on the location of the property. They must pay any Retailing B&O tax due after taking the small business B&O tax credit, if applicable.
While Washington state does not require business licenses, most cities require either a City Business License and/or a Washington State Business License. The best way to ensure you've met all your local requirements is to check the laws in the city your property is located in.
Rentals or rentals of real estate are not subject to B&O tax or retail sales tax. However, income from the provision of a license to use real estate is subject to the B&O tax.
VERIFIABLE INCOME TO RENT EARNING RATIO: The combined income must be at least three (3) times the monthly rent amount. B. Income must be verified using the last four paycheck stubs as well as a completed Employment History Verification form executed by a direct supervisor or human resources.
VERIFIABLE INCOME TO RENT EARNING RATIO: The combined income must be at least three (3) times the monthly rent amount. B. Income must be verified using the last four paycheck stubs as well as a completed Employment History Verification form executed by a direct supervisor or human resources.