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Operating Expenses

Fannie Mae

Updated 10-31-2026

Operating Expenses

The costs of maintaining an investment property, such as expenses for electricity, gas, fuel oil, water/sewer, trash removal, pest control, license fees, painting/decorating, general repairs/maintenance, supplies, casual labor, professional management fees, and replacement reserves.

Fannie Mae Glossary of Terms

Fannie Mae · p. 35

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