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The term Gross lease means: The landlord pays the building operating expenses The tenant pays the building operating expenses A disgusting lease The property manager

The term "Gross lease" means:

The landlord pays the building operating expenses

The tenant pays the building operating expenses

A disgusting lease

The property manager pays the building operating expenses

The adjusted basis can be defined as:

Original cost + capital improvements - accumulated depreciation

Sales price - mortgage balance - sales costs

Sales price - accumulated depreciation

Original cost - mortgage balance - sales costs

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