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  • 11-01-2021
  • Business
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What type of asset is rental income?

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kcmevuw9dn
kcmevuw9dn kcmevuw9dn
  • 11-01-2021

Answer:

In most cases rental property should be reported as an investment asset. Since, the property most likely a duplex or triplex housing is used in your business to generate income it would be considered a business asset.

Explanation:

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