Exact(1)
That's because most high earners can use "passive" real estate losses only to offset passive income (say, from profitable rentals) and not to reduce tax on income from their salary or stock and bond investments.
Similar(59)
Demand for student housing creates a profitable rental market in university towns, too, which pushes house prices up and can make areas more desirable.
"Anything that would upset the highly profitable VHS rental business was an anathema," he said.
Marie still has profitable video rental stores.
Airbnb, for example, has made efforts to appease concerns over the shrinking number of affordable housing options: It removed 2,000 hosts in New York from its website last year after a report by the state attorney general claimed that almost three-fourths of its listings were operating as illegal hotels, and in April cut ties with hugely profitable vacation-rental firms in Los Angeles.
Some real estate agents were doing a brisk, if less profitable, business in rentals and property management.
The most profitable form of rental is a video-on-demand delivered through a cable or satellite set-top box, which is worth $3.50.
Many buildings are slated for demolition, and there is a relatively profitable Section 8 rental market for those that aren't.
G.M. would have remained No. 1 easily had it not intentionally cut back on less profitable sales to rental-car companies; the company made 108,000 fewer such sales in 2007.
The automaker had projected that sales would be down on a year-over-year basis for every month of 2007 because it was intentionally cutting back on less profitable sales to rental car companies.
It's simpler and more profitable than long-term rental, and there's less paperwork — but of course, it could limit housing options for people that, you know, actually live somewhere.
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