QUESTION
If I am receiving a settlement from my landlord, is this settlement considered taxable income?
Asked on Aug 29th, 2017 on Landlord and Tenant Law - Massachusetts
More details to this question:
To reimburse costs associated with damages from a pest infestation and moving expenses from having to vacate the apartment.
1 ANSWER
Land Use & Zoning Attorney serving Boston, MA
at
Greenbaum, Nagel, Fisher & Paliotti, LLP
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Really a question for a tax accountant. But generally damages to compensate for a loss are not taxable.
Answered on Nov 02nd, 2017 at 9:41 AM