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svetlana [45]
2 years ago
8

annual gross potential rental income from a property minus expenses (vacancy and collection losses, operating expenses, replacem

ent reserves, property taxes, and property and liability insurance) equals _____________________
Business
1 answer:
dlinn [17]2 years ago
4 0

Annual gross potential rental income from a property minus expenses (vacancy and collection losses, operating expenses, replacement reserves, property taxes, and property and liability insurance) equals Effective gross income . This is further explained below.

<h3>What is Effective gross income?</h3>

Generally, Effective gross incomeis simply defined as the total effective gross revenue equals potential gross income less vacancy and collection losses + other income.

In conclusion, Potential gross revenue minus vacancy and collection losses, plus other income, is equivalent to effective gross income.

Read more about Effective gross income

brainly.com/question/17284401

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