Examlex
What does the term "group" mean?
S Corporations
A special designation of corporation that allows income to be taxed only at the shareholder level, avoiding double taxation.
Flow-Through Entities
Entities through which income flows to the owners or investors, avoiding corporate income tax.
Schedule E
A tax form used to report income and losses from rental real estate, royalties, partnerships, S corporations, estates, trusts, and residual interests in REMICs.
Rental Days
The number of days a property is rented out or available for rent during a specific period.
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