We file jointly and own a house together. For a website, it would be beneficial for me to have a "lease" that I have to "pay" to her each month on paper. In actuality, the money would be exiting and going back to the same joint account. Literally, $X paid from Y to Y. What kind of tax implications would this carry?
Tax Implications of Paying Spouse "Rent"
byu/ThirstyDeerSeattle intax
Posted by ThirstyDeerSeattle
2 Comments
What are you trying to accomplish here?
lol you trying to get BILT points?
No tax implications, violates BILT T&C.