I work as a part-time property agent, where I recieve payments, state taxes AND Refundable security deposits (mostly separately), for vacation rental stays. My 1st question is since the Security Deposits are REFUNDABLE, are they counted as part of the 20K Gross Amount limit, as this is not income? 2nd question is: What about the Credit Card Processing Fee's that are ADDED by PayPal, are they counted as well? 3rd, if Yes to both 1 and 2, How do I reconcile these Transactions on my Tax liability? 4th, During 2011, I know that I have NOT had 200 transactions for the vacation rental, as it was only listed for late 2010 and 2011, for the first time, and has NOT exceed more than 8 total renatls overall, since January 2011. Where is Paypal getting their 200 "transactions" from? 5th, Coming into 2011, I had some carry-over funds from 2010, it seems that PayPal has Used this amount to Calculate my 20K limit, How can I get a PP Response to this when they keep ignoring my emails? Mahalo e aloha, MauiSurfer
... View more