If I have rental properties, what type of income do I receive from renting out additional spaces like parking spots?

Receiving income from renting out additional spaces, such as parking spots, typically falls under miscellaneous income. This is because it's a type of income that doesn't fit neatly into the standard categories of active or passive income, which are usually associated with the labor involved in earning income (active) or income derived from rental properties generally (passive).

In this scenario, renting out parking spots does not require the same level of management or effort that you might have with rental properties, which often involve significant tenant relations and property upkeep. Instead, it's an additional revenue stream that is somewhat independent of your primary rental operations.

Understanding that miscellaneous income can include various sources of earnings that do not conform to more defined classifications helps clarify why this answer is appropriate. It highlights the diverse ways landlords can profit from their properties beyond traditional leases.