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City if the taxpayer is regularly engaged through its own employees in the so- licitation or promotion of sales within the City and the sales result from such so- licitation or promotion. (c) All sales of tangible personal property which is shipped from a place within the City to purchasers outside of the City regardless of where title passes if the taxpayer is not, through its own employees, regularly engaged in the solicitation or promotion of sates at the place where delivery is made. (Ord. 71 -10. Passed I1- 1 -10.) 128.0703 TOTAL ALLOCATION. Add together the percentages determined in accordance with subsections (a), (b) and (c) of Section 128.0701, or such of the aforesaid percentages as are appli- cable to the particular taxpayer and divide the total so obtained by the number of percentages used in deriving such total in order to obtain the business allocation percentage referred to in Section 128.0701. A factor is applicable even though it may be allocable entirely in or outside the City. (Ord. 71 -10. Passed 11- 1 -10.) 128.0704 RENTALS. (a) Rental income received by a taxpayer shall be included in the computation of net profits from business activities under subsections (c), (d) and (e) of Sec- tion 128.0501 , only if and to the extent that the rental, ownership, management or operations of the real estate from which such rentals are derived (whether so rented, managed or operated by a taxpayer individually or through agents or other representatives) constitutes a business activity of the taxpayer in whole or in part. If it does not constitute a business activity, the income is taxable simply as `other income" . (b) Where the gross monthly rental of any and all real properties regardless of number and value, aggregates in excess of two hundred fifty dollars ($250.00) per month, it shall be prima- facie evidence that the rental, ownership, manage- ment or operation of such properties is a business activity of such taxpayer, and the net income of such rental property shall be subject to tax; in the case of commercial property, the owner shall be considered engaged in a business activ- ity when the rental is based on a fixed or fluctuating percentage of gross or net sales, receipts or profits of the lessee, whether or not such rental exceeds two hundred fifty dollars ($250.00) per month; in the case of farm property, the owner shall be considered engaged in a business activity when he shares in crops or when the rental is based on a percentage of the gross or net receipts de- rived from the farm, whether or not the gross income exceeds two hundred fifty dollars ($250.00) per month; the person who operates a licensed rooming house shall be considered in business whether or not the gross income exceeds two hundred fifty dollars ($250.00) per month. (Ord. 71 -10. Passed 11- 1 -10.) 128.0705 OPERATING LOSS CARRY FORWARD. (a) The portion of a net operating loss sustained in any taxable year subsequent to July 1, 1967, allocable to the City may be applied against the portion of the profit of succeeding tax years allocable to the City, until exhausted but in no event for more than five taxable years immediately following the year in which the loss occurred. No portion of a net operating loss shall be carried back against net profits of any prior year. (b) The portion of net operating loss sustained shall be allocated to the City in the same manner as provided herein for allocating net profits to the City. (c) The Administrator shall provide by rules and regulations the manner in which such net operating loss carry forward shall be determined. (Ord. 71 -10. Passed 11- 1 -10.) EXEMPTIONS 128.0901 SOURCES OF INCOME NOT TAXED.