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How does an outlier effect the correlation?
Fair Market Value
The price that property would sell for on the open market between a willing buyer and a willing seller.
Rental Payment
The amount paid periodically by a tenant to a landlord in exchange for the use of property or land.
Primarily Rental Property
Real estate that is predominantly used for rental to others, rather than as the owner's primary residence.
Schedule E
A form used by the IRS for taxpayers to report income and losses from rental property, royalties, partnerships, S corporations, estates, and trusts.
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