Explanation of Statement 对账单说明

Deposit from tenant will not be counted in account balance, because it will be returned to tenant when tenant move out. If tenant violates the lease agreement, the deposit will be used to compensate the homeowner’s loss or repair damages for the property. 向租客收取的押金不会被计入账户余额，因为当租客搬离时押金会返还。 如果租客违反租房协议，押金将用于赔偿房主的损失，或修理损 坏的房屋。

Last month rent from tenant will not be counted in account balance until the last month of tenant residing in the property. Like deposit, if tenant violates the lease agreement, this money will belong to owner. 向租客收取的末月房租在租客居住的最后一个月之前都不会被计入账户余额。 和押金一样，如果租客违反租房协议，这些钱将属于房主。

According to federal law and IRS regulation, ECCA should withhold thirty percent (30%) of the gross rental income from homeowner so as to avoid personal liability (Unless the foreign homeowner submits to the property manager with a fully completed Internal Revenue Service Forms W-8ECI: Certificate of Foreign Person’s Claim for Exemption From Withholding on Income Effectively Connected With the Conduct of a Trade or Business in the United States). Simply say, ECCA has to pay rental income tax for homeowner to IRS. If homeowner doesn’t want ECCA to do this and chooses to report tax by self, homeowner should have ITIN and submit completed W-8ECI form to IRS. More information can be found from IRS official website: 依照联邦法律和IRS的规定，ECCA 应该保留出租总收入(毛收入)的30%以避免担责 (除非房主向房产管理人员提供填好的IRS W-8ECI表 格: Certificate of Foreign Person’s Claim for Exemption From Withholding on Income Effectively Connected With the Conduct of a Trade or Business in the United States)。 简单来说，ECCA需要替房主向IRS支付出租收益税，如果房主不希望这样并选择自己报 税，房主需要有美国税号并向IRS提交填写好的W-8ECI表。 更多信息在IRS官网: https://www.irs.gov/individuals/internationaltaxpayers/foreign-persons-receiving-rental-income-from-us-real-property

Withholding tax is calculated by total gross income (30% of total gross income). In certain situation, homeowner’s account balance may less than withholding tax due to house innovations, repair or other costs. Homeowner can claim tax return at the beginning of next year. Property improvement, repair, management cost, etc. can be considered as tax deduction. ECCA will provide 1099 form to help homeowner calculate all the cost for the property. 预扣税是由毛收入(毛收入的 30%)计算的来的。在某些情况，由于房屋翻新，修理或其他行为产生的花费， 房主的余额有可能少于预扣税。 房主可以在第二年初申请退税。房屋改造，修理，管理费用等可以作为减税项。 ECCA会提供1099表来帮助房主计算所有房屋花销。

Normally, if homeowner’s statement of current month has positive balance (after calculating withholding tax), we will transfer to homeowner at the beginning of next month. For example, Tenant pays rent for month March, ECCA needs using the money for payment of different charges. At first week of April, ECCA will transfer rest rent of March (after calculating withholding tax) to homeowner’s Account. 一般情况下，如果房主当月的对账单上有正的余额(计算完预扣税之后)， 我们会在下个月初转账给房主。 举例来说：租客付了三月的房租， ECCA 需要用这些钱来支付各种收费。 在四月的第一周，ECCA会将所有三月的剩余房租(计算完预扣税之后)转到房主的账户。