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Glenn has a rental house that was rented beginning January 1 in the current tax year. On january 1, the tenant paid Glenn a $1200
Glenn has a rental house that was rented beginning January 1 in the current tax year. On january 1, the tenant paid Glenn a $1200 security deposit plus $950 rent for January and $950 rent for the last month. Whenever that occurs....The tenant timely paid the $950 monthly rent each of the remaining eleven months. How much rental income will Glenn report for the current Year?
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