More than 50% of property managers say that, at a minimum, a monthly grossincome should be at least 3x the monthly rental rate and approximately 30% of managers would accept an applicant based on grossincome at 2.5x the rental rate.
However, if the rental real estate activities of the real estate professional are not section 162 trades or businesses, the grossincome from rents derived from such activity will not be excluded under section 1411(c)(1)(A)(i) by the ordinary course of a trade or business exception.