1974-353

Type

Rev Rul

Subject

2.01 - Rents from Real Property - 75% Income Test

Keywords

Independent Contractor

Sharing Income with Independent Contractor

Generally

Rents from Real Property

Services Provided by Independent Contractor

Utilities

Co-Own Submeters

Year

1974

IRS Link

http://www.taxlinks.com/rulings/1974/revrul74-353.htm

Summary

Income received from a property co-owned with an unrelated corporation qualifies as "rents from real property" even though the corporation received income from submetering electric to tenants.

Title

74-353, 1974-2 C.B. 200

Guidance Tags

Rev Rul - 74-353, 1974-2 C.B. 200

Referenced By

N/A

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1974-353

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