how is rent receivex as pmt for the use of real property reported on a tax...

how is rent receivex as pmt for the use of real property reported on a tax return when little or no personal svcs are provided

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Expert Solution

sol:

As in this case little or no personal services are provided that means its substantial service is other than for service for tenant's conveyance. Hence it will be reported as

Passive Income reported on Schedule E.

ekkarill92 answered 2 years ago

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