What FAIR RENTAL VALUE means: The amount the owner of property could reasonably expect to receive from a stranger for the same type of lodging; generally, the amount at which a home with its furnishings could be rented to a similar size family in a similar location.
- Definition Foreign Tax Credit Or Deduction:
- Dictionary deduction available to a U. S. citizen or resident alien, and in limited circumstances to a U. S. nonresident alien, who incurs or pays income taxes to a country other than the United States fair rental value definition.
- Definition Fiduciary:
- Dictionary One who acts for an estate or trust to manage the property of the estate or trust fair rental value explain.
- Definition Fully Taxable Pensions:
- Dictionary Pensions for which taxpayers contributed none of the cost or have recovered their entire cost in previous years fair rental value what is.
- Definition Fair Market Value (FMV):
- Dictionary The amount at which property would change hands between a willing buyer and a willing seller, neither being under compulsion to buy or sell and both having reasonable knowledge of the relevant facts fair rental value meaning.
How works Fair Rental Value meaning in Tax definitions F .
