Solar Eclipse February 15 Partial eclipse of the sun. Visible in the southern portion of South America and Antarctica. Note: Normally the Full Moon in February is called Snow Moon by Native Americans of New England and the Great Lakes because this time of the year experiences heavy snowfalls. It's also called The Hunger Moon because of the meager hunting during this time of year too.....
rack rent noun [C]. âº a ârent that is âagreed between the âowner of a âproperty and the âperson ârenting it, rather than being âfixed or âcontrolled by âlaw: The âterms of the âlease may âprohibit âletting except at a rack ârent.
What the Term Means. At the highest level, gross rental income is simply the amount you collected in rent and any related funds from your rental properties. The is the amount you received before deducting any expenses like insurance, maintenance, taxes, homeowner association fees and advertising costs. If you rent a room in your home, for example, gross rental income is the amount you receive in rent each month. If you rent several units, by contrast, gross rental income is the sum of all the rent payments and related income you received. Other Income Sources Though gross rental income primarily includes money you collect in rent, other revenues may comprise a portion of the final figure.