TomD8,
So you are saying that "business" in the Line 20b as verbatim on Schedule C
"20 Rent or lease (see instructions): [...] b Other business property "
refers to not the "business" one rents or leases FROM, but the "business that is doing the leasing or renting"?
Versus how I interpret it by putting the Line 20b together with the Instruction to Line 20b:
"business" in "Other business property", refers to property of another business.
I figured hence the example in the Instructions of renting an office in an office building.
Obviously, office buildings are owned by other businesses, not generally private persons, ordinary people.
So then the business owner rents from another business owner whose business has that business property.
That's how I see it.
It's quite a crummy, one little example in the Instructions to Schedule C, Line 20.
If it was done better, we wouldn't be having to discuss and guestimate what it means.
