rental income

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Word: Rental Income

Definition: Rental income is the money that a person or business earns by renting out a property. This can include houses, apartments, commercial spaces, or any other type of real estate that someone else pays to use.

Usage Instructions:

• Part of Speech: Noun
• How to Use: You can use "rental income" when talking about the money you receive from tenants or renters. It's often used in discussions about investments, real estate, and personal finance.

Example Sentence:

• "After buying a second house, I started receiving rental income every month from my tenants."

Advanced Usage:

• In real estate investing, people often analyze their rental income to determine if a property is a good investment. They might consider factors such as location, property management, and market demand.

Word Variants:

• Rental: Adjective (e.g., rental property, rental agreement)
• Income: Noun (e.g., passive income, gross income)

Different Meaning:

• "Rental" can also refer to the act of renting something, such as a car or equipment, not just properties. For example, "I went to the rental shop to get a bike."

Synonyms:

• Rental revenue
• Leasing income
• Property income

Related Idioms:

• "Cash flow": This refers to the money that comes in and goes out. Positive cash flow means you have more coming in (like rental income) than going out (like expenses).
• "Landlord's delight": This phrase can be used to describe a property that is very profitable for landlords, often due to high rental income.

Phrasal Verbs:

• "Rent out": This means to allow someone to use your property in exchange for payment.
  • Example: "I decided to rent out my apartment while I was traveling."

Conclusion:

Understanding the term "rental income" is important if you’re interested in real estate or managing properties.

Academic

Noun

1. income received from rental properties