Rent rate and taxes are also known as
markup rate. the markup on an item expressed as a percent of its selling price. operating expenses. the costs of running a business such as salaries rent, utilities, and taxes also known as overhead. overhead. the costs of running a business such as salaries rent, utilities, and taxes also known as operating expenses. Economic rent is an excess payment made to or for a factor of production over the amount required by the property owner to proceed with the deal. This often occurs when a buyer, working to attain If you own rental real estate, you should be aware of your federal tax responsibilities. All rental income must be reported on your tax return, and in general the associated expenses can be deducted from your rental income. If you are a cash basis taxpayer, you report rental income on your return