Nev. Admin. Code § 361.366

Current through December 31, 2024

Section 361.366 - "Rate of return" defined

"Rate of return" is a general term that means:

1. The yield to an investor variously on the investor's net investment or on the property value; or

2. The ratio of either the net operating income or the before-tax cash flow to either the total property value or the initial investment or the average investment during a given period.

Nev. Admin. Code § 361.366

Tax Comm'n, Property Tax Reg. part No. 15, eff. 10-30-79

NRS 360.090, 361.320