CreeksideRV7446
09-22-2024
01:22 PM
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When setting up items, would Lot Rent be considered a Service?
Lot Rent in my business is a spot for rent to park an RV. I currently have it as a physical good because there is only a few choices but I am unsure that is correct.
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JK_Fiber_Art
09-22-2024
01:57 PM
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That's a good question for an accountant or tax professional. There's a few grey areas - for example, if just renting the spot and not doing anything else like hook-ups (electric, water, etc.), it possibly could be considered just another item but, that's why you need someone who is familiar with your State and Local rules and regulations. The volunteers here have hands-on experience with Square's Apps and Hardware however, when it comes to legal and/or tax advice - that's for the pros.