Malana is an uncommonly occurring given name for women but a somewhat prominent last name for both adults and children (#104257 out of 150436, Top 69%). (2000 U.S. Census). Displayed below is an analysis of the popularity of Malana and affiliated names.
Rental Income: Payments received by a taxpayer from tenants who rent the taxpayer's property, including regular and advanced rent, payments for breaking a lease, expenses paid by the tenant, and. the fair market value of property or services received in lieu of monetary rental payments.
What makes the housing. allowance unique is that some of the income used to provide housing can be. excluded from gross income for federal income tax purposes. Also, clergy who live in a parsonage provided by the church do not have to report. the fair rental value of the parsonage as income. (Note this free housing. provided to clergy generally would be taxable compensation for lay employees.) The housing allowance is sometimes called a âparsonage allowanceâ for clergy.