Dallas-Fort Worth Real Estate Investor Club

Rental Payments with Money Order

  • 28 Feb 2019 1:49 AM
    Message # 7191323

    Folks,

    I have a question for landlords who accept rental payments through money orders. Do you file IRS form 8300 when the total monthly rents paid with money orders exceed $10,000 with the understanding that these are related transactions or does the IRS consider each monthly rental payment to be individual transaction in which case you don't file form 8300.

    thanks,

    Sanjay


    Last modified: 28 Feb 2019 1:50 AM | Sanjay V
  • 01 Mar 2019 5:57 AM
    Reply # 7193230 on 7191323

    My CPA never required me to file that form.

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