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10000 mothy rent gross income rent multiplier 10 what is value of property?
Wiki User
∙ 13y ago
$1,200,000
Wiki User
∙ 13y ago
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If your net income is 47000 what is your gross income?
Jones bought an income property for which $47,000.00 was deducted from gross income for operating expenses. If the operating expenses are 30% of gross income, the value of the property using a cap rate of 12.5%?
How to do Gross room revenue multiplier?
NO！！
Is gross income or adjusted gross income used in refinance?
Gross income.
Is there a rule of thumb for office rent or lease per gross income?
There is a GRM (Gross Rent Multiplier) that compares the total rental/lease income to the value or price of the property. The price can run 8 to 10 times the gross income, but that can vary widely up or down based on market conditions, interest rates, management, building type and quality, and many other factors. Capitalization Rate (cap rate) is a more comprehensive way of evaluation, but if the GRM is known for a building type and location, you can quickly determine a ballpark value.
How is gross income different from net income?
net income is gross income less expenses
Difference between gross income and income?
Income is a general term referring to one's financial gain, whether earned or unearned, received as wages, or for services, from the sale of goods or property, or as earnings on investments over a given period of time. Gross income is the total income earned from all sources (e.g. wages, property) in a given period before expenses or taxes are deducted. Net income is the income or profit remaining after taxes and expenses have been deducted.
Is gross income higher than net income?
Gross income in normally higher then net income unless there is other income then normal business operations then net income may be higher then gross income.
What do you file on your US income tax form -- gross or true gross income?
The total of all of your GROSS WORLDWIDE INCOME would be your GROSS INCOME that will be reported on your 1040 federal income tax return. That is every amount that is income to you for the tax year.
Are taxes deducted from gross income or net income?
Gross income is generally your total income. Net income is what you actually end up with to pay your bills. Gross income minus taxes & other deductions (such as disability insurance) equals net income.
What is another word for Gross income?
Another word for gross income is taxable income. This is the income before taxes are taking out.
Do you pay tax on your gross income or net income?
You pay tax on your adjusted gross income. This is not quite the same thing as gross income, but it's definitely not net either.
What is the gross monthly income for a politician?
the gross monthly income for a politician is $6300
