Rental Income: Definition, Types, and Taxation

What does rental income mean? Rental income is any payment you receive for the use or occupation of property. Expenses of renting property can be deducted from your gross rental income. You generally deduct your rental expenses in the year you pay them. Read more on www.irs.gov The money a property owner makes from renting … Read more

Is the Navy Exchange Tax-Free?

Is the Navy exchange tax-free? Moreover, all tangible personal property and services purchased pursuant to written contract issued by NEXCOM are either for resale to or consumption by NEXCOM, the individual exchanges or authorized patrons, and not subject to taxation by states or localities. Read more on www.mynavyexchange.com Members of the United States Navy, Marine … Read more

Apparel Performance Fabric: The Ultimate Game Changer in Sports Clothing

What is apparel performance fabric? Performance fabrics are textiles that provide added benefits such as waterproofing, stain protection, odor detouring, antibacterial, flame resistance, body temperature cooling or heating, etc. Because of such added benefits one of the hottest trends in fashion is performance fabrics. Read more on www.apparelsearch.com The appropriate attire can make all the … Read more

Why Does It Cost $19 a Month?

Why is $19 a month? Why Do Charities Ask for $19 a month? Charities ask for $19 a month for two reasons: human psychology and the IRS. Psychologists who study why and how we buy have determined that using prices ending in the numbers 4, 7, and 9 are more likely to be successful than … Read more