TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Manuals
of of All Manuals
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Determining Gross Annual Value: Consider Municipal Value or Fair Rent; Standard Rent Caps Under Rent Control Act.</h1> To compute the reasonable expected rent for determining the gross annual value of a property that is let out throughout the year, one must consider the higher of the municipal value or the fair rent of the property. If the property falls under the Rent Control Act, the reasonable expected rent cannot exceed the standard rent. Municipal value is determined through local authority surveys for tax purposes, fair rent is based on comparable local properties, and standard rent is the legal maximum recoverable rent under the Rent Control Act.
TaxTMI 
TaxTMI 
