We're excited to announce the latest addition to our property management software, UnitConnect - the Sales Tax on Rental Income feature. This new feature has been added to our platform to help property managers and landlords stay compliant with state regulations and avoid potential legal issues related to rental income.
As you may know, several states in the US require property owners to collect sales tax on rental income. These rules and regulations can be complex and vary from state to state. Our Sales Tax on Rental Income feature is designed to help simplify this process and ensure that you are always in compliance with your state's laws and regulations.
With this new feature, you can easily configure sales tax settings for each of your properties in UnitConnect. Once you have set up the sales tax settings, the system will automatically calculate and add the appropriate sales tax to your rental invoices, making it easy for you to stay on top of your tax obligations.
At UnitConnect, we understand that managing rental properties can be a complex and time-consuming process, which is why we're always looking for new ways to make it easier for our users. With the addition of our Sales Tax on Rental Income feature, we hope to provide our users with a streamlined and hassle-free way to stay compliant with state regulations and avoid potential legal issues related to rental income.
To start using the Sales Tax on Rental Income feature in UnitConnect, simply log in to your account and navigate to the appropriate property settings. From there, you can configure your sales tax settings and start using the feature right away.
We hope you find this new feature helpful in managing your rental properties. As always, if you have any questions or concerns, please don't hesitate to contact our support team.