Until 2010, a state tax regulation known as the “80-20 rule” required that condominium associations receive at least 80 percent of their gross income from their tenant-shareholders, and no more than 20 percent from other sources, like ground-floor rent for restaurants. A.Until 2010, a state tax regulation known as the “80-20 rule” required that condominium associations receive at least 80 percent of their gross income from their tenant-shareholders, and no more than 20 percent from other sources, like ground-floor rent for restaurants. B.Until 2010, a state tax regulation known as the “80-20 rule” requiring that condominium associations receive at least 80 percent of their gross income from their tenant-shareholders, and have no more than 20 percent from other sources, such as ground-floor rent for restaurants. C.Until 2010, a state tax regulation known as the “80-20 rule” required condominium associations to receive at least 80 percent of their gross income from their tenant-shareholders, and have no more than 20 percent from other sources, such as ground-floor rent for restaurants. D.Until 2010, a state tax regulation known as the “80-20 rule” required that condominium associations receive at least 80 percent of their gross income from their tenant-shareholders, and have no more than 20 percent from other sources, such as ground-floor rent for restaurants. E.Until 2010, a state tax regulation known as the “80-20 rule” required condominium associations to receive at least 80 percent of their gross income from their tenant-shareholders, and to have no more than 20 percent from other sources, like ground-floor rent for restaurants. Source:-gmatclub
Posted on: Sat, 17 Jan 2015 07:49:03 +0000
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