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New Member
posted Jun 4, 2019 4:11:32 PM

Rented condo for 8 months and fire destroyed building. Ins. has been paying amount of monthly lease until our coverage limit exhausts. Is this considered rental income

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New Member
Jun 4, 2019 4:11:33 PM

No. Rental income is the amount of money collected by a landlord from a tenant or group of tenants for using a particular space.