Rental Income

Rental income is the money earned from leasing out a property or part of a property to tenants. It is a regular income stream received by property owners in exchange for allowing others to use their property, whether it’s a residential apartment, commercial space, or land. This income is often collected monthly and serves as a source of profit for landlords. Rental income is considered taxable in many jurisdictions and is an important factor in real estate investments. Proper management of rental income includes accounting for expenses like maintenance, taxes, and property management fees.