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Best answer by TomD8

Non-residential rent means rent received for land or property rented for non-residential purposes.  An example might be a farmer renting some land to another farmer for purposes of grazing cattle.  Or a building owner renting space to a business.

1 reply

TomD8Answer
Employee
January 28, 2024

Non-residential rent means rent received for land or property rented for non-residential purposes.  An example might be a farmer renting some land to another farmer for purposes of grazing cattle.  Or a building owner renting space to a business.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.