Can I rent an apartment unofficially?

Can I rent an apartment unofficially? From the point of view of the law, the answer is unequivocal - of course not. After all, any income received must be taxed. And the monthly rent is income, part of which must be transferred to the state. Yes, many people rent out their homes illegally. The tax authorities in our country do not yet have much control over this issue. Therefore, it is possible to rent an apartment unofficially, but not allowed. Such activity has certain risks, and if authorized persons find out about it, you face a fine, and possibly imprisonment.

Let's delve a little deeper into this topic.

In order to officially rent out housing, it is not necessary to have an individual entrepreneur or the status of a legal entity. You just need to submit your tax return on time and pay taxes. You can also do this as an individual.

Residents pay rent to the landlord for using the apartment. Tax will be calculated from this amount. It is 13% of the income received. The tax return is filed once a year. This must be done before April 30. You can pay the tax on a monthly basis after receiving payment from the tenants, or pay the entire amount accumulated for the year after filing the tax return by July 15th.

What can the illegal renting of an apartment lead to? First, you are required to pay the full amount of tax accrued over the period of delivery. Secondly, fines and late fees will be added to the tax. Penalty interest is calculated for each day of delay.

Penalties are imposed for late tax payments and late filing of tax returns. The amount of the fine for the lack of a declaration will be 5% of the total tax debt. But the penalty for late or non-payment of taxes can reach 20-40% of the debt. In addition to administrative liability, criminal liability is also provided. If you have not paid taxes for a long period of time, and the total amount of debt for 3 financial years was more than 900 thousand rubles, there is rice to be imprisoned for a period of 6 months. The fine will also have to be paid. Its sizes vary from 100 to 300 thousand rubles.

Tax inspections are not carried out on a regular basis. In small towns, they are very rare. But in cities with a population of one million, it is still worth carrying out activities for the rental of real estate officially. After all, checks happen quite often. And not the fact that they will not start checking you. Experts select citizens who own more than one apartment. Next, there is a detour of the apartments and the collection of information about tenants and owners. If you are in the business of renting apartments, think about the implications and choose the safest and most relaxed way of doing business.