
Rent Income
Rent income is the money earned by property owners when they lease their property to tenants. It's a regular payment, usually monthly, in exchange for the right to use the space—such as an apartment, house, office, or commercial space. Rent income provides a source of revenue for property owners, covering expenses like mortgage payments, maintenance, and taxes, and can also generate profit. It is considered taxable income and is an important component of real estate investment income.