Question
Which Is not a true statement regarding the real estate cash flow statement? Operating expenses are deductions from NOI The flow of the statement is
Which Is not a true statement regarding the real estate cash flow statement?
| Operating expenses are deductions from NOI | ||
| The flow of the statement is Gross Potential Rental Income, Effective Gross Income (EGI) and Net Operating Income (NOI) | ||
| Vacancies, bad debt expense and tenant concessions are deductions from gross potential rental income | ||
| Capital expenditures are deducted from EGI to compute NOI |
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