Definition
· Net Income derived from rentals from non-agricultural lands, buildings, spaces and other properties (domestic source) shall be entered in III-C3, not in other Entrepreneurial Activities NEC (IV-A11). Take note that this item refers to lands, buildings, etc. which are rented out to other families by the sample family.
· In the urban areas, especially in commercial and educational centers, be sure to inquire on:
Ø Rentals received from residential and commercial lots and buildings owned by the family
Ø Rentals of rooms and spaces leased or sub-leased by the family to others
Ø Rental of other properties which include renting out of chairs, wearing apparel, jewelries, as long as these are not family enterprise. Specify other properties being rented out as reported in Item 4 of this sub-section.