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Given an apartment property with gross potential rent revenue of $2.8 million, a physical vacancy rate of 6%, an economic vacancy rate of 7%,
Given an apartment property with gross potential rent revenue of $2.8 million, a physical vacancy rate of 6%, an economic vacancy rate of 7%, other income of $135,000, and credit loss of 2%. What is the net rental income (rounded to the nearest thousand)?
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SOLUTION To calculate the net rental income gross income and net operating revenue for the given apa...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
