Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

income approach

Read a random definition: disponor

A quick definition of income approach:

The income approach is a way to figure out how much a property is worth by looking at how much money it can make. This method is based on the idea that the more money a property can make, the more it is worth. This is different from the market approach, which looks at how much similar properties are selling for, and the cost approach, which looks at how much it would cost to build the property from scratch.

A more thorough explanation:

The income approach is a method used to evaluate the value of a property based on the income it is expected to generate. This approach is commonly used by real estate appraisers and investors to determine the potential return on investment.

For example, if an apartment building generates $100,000 in annual rental income, an appraiser may use the income approach to determine the property's value. The appraiser would consider factors such as the vacancy rate, operating expenses, and potential rental income to estimate the property's future income stream. Based on this analysis, the appraiser would then determine the property's value using a capitalization rate.

The income approach is often used for commercial properties, such as office buildings, shopping centers, and industrial warehouses. It is also used for rental properties, such as apartments and single-family homes.

income-and-expense declaration | income averaging

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
soapy
8:48
UMN under review! As predicted, decisions are gonna come out early December
Minus those random R decisions from UMN yesterday though right? I wonder what happened there. I don’t think I’ve seen a school start the season out with anything but As on here
almost all of my apps have been UR for 6 weeks at this point I feel exhausted waiting for them to finish
Irvine is being snobby and wont start any review until end of Nov.
Yeah, it’s tough. I’m distracting myself by playing good video games after work :)
im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
LSD+ is ad-free, with DMs, discounts, case briefs & more.