impermissible tenant service income
Defined in 1 place of the United States Code.
The term “impermissible tenant service income” means, with respect to any real or personal property, any amount received or accrued directly or indirectly by the real estate investment trust for—
(i) services furnished or rendered by the trust to the tenants of such property, or
(ii) managing or operating such property.
Source
- 1997–present26 U.S.C. § 856Internal Revenue Code · Definition of real estate investment trust · in this section