Site: nolo.com
... Investment income consists of interest, dividends, royalties, annuities, and rents not derived from an ... Roth IRAs, income earned by tax qualified retirement plans such as 401(k) plans, income earned from renting ... Your net rental income consists of your gross (total) rents minus all deductible expenses you incur in ... For example, if you earn $200,000 in gross rents in one year and have $100,000 in expenses, you&rsquo ...