Re: Tenants Paying in Cash - Landlord Forum thread 258681

Re: Tenants Paying in Cash by Anonymous on June 22, 2012 @15:27

You're wrong on this.

The legal tender wording is about legitimizing the U.S. Dollar currency. It's not about the form of payment.

This means that you have to pay your taxes in U.S. Dollars. The IRS won't accept a different type of currency as payment.

It also means that if someone attempts to pay you in U.S. Dollars and you demand payment in a different currency, you have no recourse for monetary damages against the other party in a court of law.

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