Those recurring expenses that are essential to the continuous operation and maintenance of a property.' operating expenses' are generally divided into the following categories: fixed expenses such as real property taxes and building insurance; variable costs such as utilities, payroll, administration and property management fees; and reserves for replacement. Operating expenses do not include items such as mortgage payments, capital expenditures and depreciation.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). operating expenses. Retrieved September 20, 2026, from http://smartdefine.org/operating_expenses/definitions/1159742 |
| Chicago | Barry Goldsmith. 2010. "operating expenses" http://smartdefine.org/operating_expenses/definitions/1159742 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, operating expenses, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/operating_expenses/definitions/1159742>. |
| MLA | Barry Goldsmith. "operating expenses" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/operating_expenses/definitions/1159742> |