Property Management
What is an operating budget for an investment property?
AA plan for capital improvements
BA financial plan projecting income and expenses for property operations over a period✓ Correct
CA report of historical financial performance
DA tax filing document
Explanation
An operating budget is a forward-looking financial plan that projects rental income, vacancy, operating expenses, and resulting NOI for the coming year. It helps owners plan, track performance, and make management decisions.
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