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What else can I help you with?
What does rent-a-homie mean?
rent-a-homies are basically fake friends that you pay to act as your crew
Where can you rent the Wonder Woman movie?
You can rent both the 2009 animated movie & the 2017 film through Netflix.
Where is the cheapest place to rent Twilight?
blockbusters
What is the birth name of Jordy Cernik?
Jordy Cernik's birth name is Peter John Cernik.
How much does it cost to rent a celebrity?
alot of money .!
Is paying rent considered a liability?
If rent is payable then it is liability for business but if rent is already paid then it is not liability but it is expense.
Is rent income a asset liability or owners equity?
asset liability
Is receiving payment for my rent considered as income?
Yes, receiving payment for your rent is considered as income.
Why land rent is considered as an Unearned income?
land rent is an unearned income
Is rent considered a liability?
Yes, rent is considered a liability because it represents an obligation to pay for the use of a property or space over a specific period of time.
Is free rent considered taxable income?
Yes, free rent is generally considered taxable income by the IRS.
Is rent paid by an employer considered taxable income?
Yes, rent paid by an employer is generally considered taxable income for the employee.
Is rent paid expense an asset or liability?
Rent paid is typically considered an expense rather than an asset or liability. When rent is paid, it reduces the cash account (an asset) and is recorded as an expense on the income statement, reflecting the cost of using the rented space during that period. However, if rent is paid in advance, it may be classified as a prepaid expense, which is considered a current asset until the rental period occurs.
Is rent from a boyfriend considered income?
Rent from a boyfriend is not typically considered income for tax or financial purposes unless it is a formal rental agreement.
Is deferred rent revenue a liability?
Yes, deferred rent revenue is considered a liability. It represents rent payments received in advance for which the service has not yet been provided, indicating an obligation to deliver the rental space in the future. As the rental period progresses and the service is rendered, the deferred revenue is recognized as earned revenue on the income statement.
What is rent income?
I believe Rent Income or "rental income" is any income received from a property you own & have tennants in who pay you "rent" to live there. This is usually considered a form of income, obviously depending on the country you live in.
Is free rent considered income for tax purposes?
Yes, free rent is generally considered income for tax purposes and must be reported as such on your tax return.
