Jul 07 , 2016

Tampa School of Real Estate

Vacancy And Collection Losses

Definition:   a deduction from potential gross income for (1) current or expected future space not rented due to tenant turnover and (2) loss from uncollected rent due from delinquent tenants.

Pronunciation:

Used in a Sentence:   We factored in vacancy and collection losses when reviewing the income statement on the apartment building.

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