Apartments R Us Ltd. owns three small apartment buildings. The company employs a full-time manager for...
Apartments R Us Ltd. owns three small apartment buildings. The
company employs a full-time manager for each building as well as
one full-time bookkeeper and one part-time maintenance worker for
the company. Which of the following types of income most accurately
describes the income of Apartments R Us?
a) Active business income
b) Personal services business (PSB) income
c) Employment income
d) Specified investment business (SIB) income
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