Operating Expenses

Concept of Operating Expenses in the context of Real Property

A short definition of Operating Expenses: The cost of operating an income producing property, such as management, utilities, and similar day to day expenses, as well as taxes, insurance, and a reserve for replacement of items which periodically wear out.

Concept of Operating Expenses in the context of Real Property

A short definition of Operating Expenses: The cost of operating an income producing property, such as management, utilities, and similar day to day expenses, as well as taxes, insurance, and a reserve for replacement of items which periodically wear out.

What is the meaning of Operating Expenses?

A definition of Operating Expenses is provided here: The various costs incurred in running a business, including rent, salaries, and utilities, in order to earn revenues.