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Thanks for the observations!So, my business, a 20-acre rental property attempts to generate diverse and multiple incomes… rent from a tenant, crops, and energy production.
The crop and energy activities require inputs, tools and materials. Expenses.
Fortunately as I actively manage the property and procure tools and materials, Vine is available as a source. Under the umbrella of the rental business I review items essential to the operation of the rental and obtain product value (income).
It just so happens these products remain integrated and expended into the employ of the rental property, as opposed to using elsewhere or selling later on.
Bottom line expenses cancel income.
January 25, 2025
2:42 PM