In preparation for a meeting with an investor, Roger prepares information on three properties. How does he determine the effective gross income on each of them?

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03dperugini 03dperugini

07-05-2022
Law

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In preparation for a meeting with an investor, Roger prepares information on three properties. How does he determine the effective gross income on each of them?

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gauravsingh23VT gauravsingh23VT · Answer 1 · 2022-05-12T11:27:11+02:00

In preparation for a meeting with an investor, to determine the effective gross income the investor must Compute actual gross income.

What is gross income?

An individual's gross income is their total earnings before taxes and other deductions. This encompasses all sources of income, not only employment.

It is not restricted to monetary payments; it also includes property or services. Gross income is synonymous with gross margin or gross profit in the business world.

Thus, Compute actual gross income.

For more details about gross income, click here

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