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Which methodology most closely resembles a waterfall?
Flow-Through Entities
Business structures where income passes directly to the owners or investors, avoiding corporate income tax.
Intangible Property
Refers to non-physical assets owned by a business or individual, such as patents, trademarks, copyrights, and business goodwill.
Capital Improvements
Permanent structural changes or restorations to a property that enhance its value, prolong its useful life, or adapt it to new uses, with potential tax impacts.
Rental Income
is the income received by property owners from leasing out real estate properties, such as buildings or land.
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