673.009 - “Gross income” defined.

673.009  “Gross income” defined.  “Gross income” means the sum for an accounting period of the following:

1.  Operating income.

2.  Real estate income.

3.  All profits actually received during such accounting period from the sale of securities, real estate or other property.

4.  Other nonrecurring income.

(Added to NRS by 1959, 538)