Are you a landlord in Detroit? Soon, you may be required to provide annual tenant rosters to help the city identify potential income-tax dodgers. The proposed regulation would apply to apartments and lofts with monthly rents of $750 or more. Last year, the city of Detroit filed a lawsuit against the owners of two properties… Read more »
Tag: Income Tax
Detroit May Require Annual Tenant Rosters From Landlords
In hopes of identifying income-tax evaders, Detroit officials are considering the passage of a new law which would compel landlords to hand over their tenant rosters to the city’s tax compliance branch each year. The proposed regulation would reportedly be focused on rental properties in Downtown and Midtown Detroit with monthly rental rates of $750… Read more »