I recently found an apartment rented out by a colleague. We were close to signing the contract without involving rental agency. Suddenly, he informed me that he will be taxed by the government if he does not rent it through agency.
Since he would like to have tax benefits, he insisted on renting the property via the rental agency. This means I will have to pay for the rental agency fee.
Is this true that landlords will be taxed if they directly rent us and not if its rented via agencies?
Thanks in advance for your time in answering this query.