DEFINITION OF KEY TERMS Rental Income is the Total amount of rent derived by a person for the year of income from the lease of immovable property (land and or b...
WHO IS A PROPERTY DEVELOPER? This is a person who buys, builds or renovates existing properties and sells them for; home or non-professional purposes such as si...
Who is a land dealer/developer? This is a person who acquires land for resale and may partition it or add utilities, structures, and other developments so that ...