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Jamil has a great fear of dentists. He makes an appointment with his dentist, but although he marks the date and time on his calendar and in his date book, he still forgets to go. Freud would say that Jamil practiced the defence mechanism of
Primarily Rental
Describes a property used mainly for rental purposes, affecting its tax treatment and eligible deductions.
Primarily Personal
A classification often used in taxation to describe expenses or activities that are mainly for personal benefit and not business or trade related, affecting their deductibility.
Self-Employment Income
Self-Employment Income is money earned from carrying out business activities or providing services as an independent contractor, rather than as an employee.
Advance Rental Payments
Prepayments of rent, often required by landlords, accounted for before the period of use or occupancy.
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