Property Management
A Maryland commercial property manager preparing an annual operating budget should include:
AOnly fixed expenses like mortgage and taxes
BAll anticipated income and expenses including vacancies, maintenance, management fees, utilities, taxes, and insurance✓ Correct
COnly expenses the owner specifically requests
DIncome projections only
Explanation
A comprehensive property management budget includes all anticipated income (with vacancy allowances) and all operating expenses to give the owner accurate financial projections.
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