Mastering Turnover Rent Calculations for Rental Properties
Unlocking the Secrets of Turnover Rent in Rental Properties
Understanding turnover rent is crucial in the rental property market. It's a percentage of a tenant's sales added to the base rent. Here's how to calculate it:
Gather Records: Collect the tenant's sales figures.
Review Lease: Check for any exclusions or deductions.
Calculate Gross Turnover: Use the sales figures to find...
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