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rental income

   Also found in: Financial 0.01 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.rental income - income received from rental properties
income - the financial gain (earned or unearned) accruing over a given period of time


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As residential rental income shows signs of recovery, Belvoir Lettings Agency Loughborough cautions about the rise of the "accidental landlord" As residential rental income shows signs of recovery, Belvoir cautions about the rise of the "accidental landlord" The last 18 months have seen a big shift in the UK rental market with the amount of residential properties available for let increasing by a massive 68%.
In response to a GAO report that more than half of individual taxpayers receiving rental income did not properly report it, the Green Book proposes to expand reporting requirements for real-estate owners who receive rental income but whose real-estate activities do not rise to the level to be considered a trade or business.
If the rental income exceeds these allocable deductions, the taxpayer reports the rent and deductions to determine the amount of rental income included in taxable income.
 
 
 
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