Property Valuation
In Ohio, the 'gross income multiplier' (GIM) differs from the 'gross rent multiplier' (GRM) in that:
AThey are identical measurements
BGIM uses annual gross income; GRM typically uses monthly gross rent✓ Correct
CGRM uses annual income; GIM uses monthly rent
DGIM applies only to commercial; GRM applies to residential only
Explanation
The GIM uses annual gross income (including all income sources), while the GRM typically uses monthly gross rental income. Both are quick income multiplier methods but applied with different income bases.
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