The Tax Professionals Blog — lodging
Resident Apartment Manager Tax Issues
Posted by Lee Reams Sr. on
Landlords will often hire a resident manager to handle the day-to-day tasks of running an apartment building. In some locales, and depending upon the number of units in the apartment complex, resident managers are required. For example, in California, resident managers are required where there are 16 or more units, while the requirement applies for 9 units in NY City.Lodging Per Diem
Posted by Lee Reams Sr. on
Rev Proc 2011-47 & Notice 2011-81 details the rules, effective October 1, 2011, for using a per diem rate to substantiate the amount of an employee’s expenses for lodging, meals and incidentals that an employer (or third party) reimburses, and explains how an employee or self-employed individual may use the “standard meal allowance” but not the lodging per diem.