Deductions for tenant improvements

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Based on the following definition of NOI, which of the below revenue and expense line items go "above the line" or are reflected in the revenue and expense calculation of NOI:

Net Operating Income (NOI) is defined as total operating income less total operating expenses. It is important to note that Adjusted NOI differs from NOI by including deductions for Tenant Improvements, Leasing Commissions, and Capital Expenditures.

Income from laundry facility

Gross potential rent

Property taxes

Insurance

Payroll

Capital Expenditure, due to a complete roof replacement.

A family vacation to see the world's largest pumpkin at over 2,60 pounds in Germany.

Reference no: EM133249068

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