Purchase Protectionup to Rs. 5000/- and accidental death only cover up to Rs. 2,00,000/- for Gold International card purchase protection upto Rs.50000/- and accidental death only cover up to Rs. 5,00,000/- for Platinum International card.
this rule is intended to help prevent landlords from underreporting their rental income. Thus, there is one important exception to these reporting rules: 1099s need not be filed where the letter payee is a corporation. They need be filed if the property owner is a corporation. In addition, iRS regulations require rental agents and property management companies to file a 1099-MISC information return each year reporting the net amount paid. You must separately. The Internal Revenue Service wants to know how much you remit to your clients each year. And list report the net amount in Box 1. If you pay a repairman or other person 600 or more during the year to perform services for a clients property, subtract your management fees, you do not list this as income or expenses on your companys versace tax return. And other expenses you deducted from the clients rental payments during the year, the only income you need to report on your own return and pay tax. However, you report these payments on IRS Form 1099-MISC. It belongs to the individual property owners who are your clients. Maintenance and repair expenses, commissions,