Property Resource
When individual expense fields are not used and only a total is entered, this lists the expenses that are included in the OperatingExpense field.6/17/2021| Standard Value | Definition | Usage |
|---|---|---|
| Accounting | The operating expense amount includes accounting costs. | 10% |
| Advertising | The operating expense amount includes advertising costs. | 9% |
| Association | The operating expense amount includes association costs. | 2% |
| Cable TV | The operating expense amount includes cable TV costs. | 3% |
| Capital Improvements | The operating expense amount includes capital improvements costs. | 1% |
| Depreciation | The operating expense amount includes depreciation costs. | 2% |
| Equipment Rental | The operating expense amount includes equipment rental costs. | 3% |
| Fuel | The operating expense amount includes fuel costs. | 6% |
| Furniture Replacement | The operating expense amount includes furniture replacement costs. | 1% |
| Gardener | The operating expense amount includes gardener costs. | 3% |
| Insurance | The operating expense amount includes insurance costs. | 15% |
| Legal | The operating expense amount includes legal costs. | 8% |
| Licenses | The operating expense amount includes license costs. | 9% |
| Maintenance | The operating expense amount includes maintenance costs. | 14% |
| Maintenance Grounds | The operating expense amount includes maintenance grounds costs. | 4% |
| Maintenance Structure | The operating expense amount includes maintenance structure costs. | 3% |
| Manager | The operating expense amount includes manager costs. | 8% |
| Mortgage/Loans | The operating expense amount includes mortgage/loan costs. | 1% |
| New Tax | The operating expense amount includes new tax costs. | 3% |
| Other | The operating expense amount includes other costs. | 13% |
| Parking | The operating expense amount includes parking costs. | 4% |
| Pest Control | The operating expense amount includes pest control costs. | 2% |
| Pool/Spa | The operating expense amount includes pool/spa costs. | 3% |
| Professional Management | The operating expense amount includes professional management costs. | 4% |
| Security | The operating expense amount includes security costs. | 3% |
| Snow Removal | The operating expense amount includes snow removal costs. | 2% |
| Staff | The operating expense amount includes staff costs. | 3% |
| Supplies | The operating expense amount includes supplies costs. | 10% |
| Trash | The operating expense amount includes trash costs. | 12% |
| Utilities | The operating expense amount includes utility costs. | 14% |
| Vacancy Allowance | The operating expense amount includes vacancy allowance costs. | 3% |
| Water/Sewer | The operating expense amount includes water/sewer costs. | 7% |
| Workmans Compensation | The operating expense amount includes workman's compensation costs. | 2% |