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What is the function of gap junctions?
Rental Income
Income received from renting out property or real estate, which is typically subject to income tax.
Schedule C
A form used by sole proprietors to report their business income and expenses to the IRS.
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.
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