If personal property is leased with real property and more than 50% of the rent income under the lease is from personal property,all of the rent income is subject to the unrelated business income tax.

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According to the IRS, if personal property is leased with real property and more than 50% of the rent income under the lease is from personal property, all of the rent income is subject to the unrelated business income tax.

If Personal Property Is Leased with Real Property and More