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nekit [7.7K]
3 years ago
5

If certain conditions are met, an apartment manager can exclude the fair market value of free rent from his or her income. true

or false
Business
1 answer:
gavmur [86]3 years ago
7 0
Even if certain conditions are met, an apartment manager cannot exclude the fair market value of free rent from his or her income. Everything that a person owns and has a value, has depreciation. Therefore, these assets should still be declared by the owner. <span />
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