POP ROR

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Across
  1. 5. What else must we determine, besides the ownership share of the mineral rights? _______ ________
  2. 6. In order for more than one income-producing nonbusiness property to be excludable, each property must __________ produce a 6% rate of return.
  3. 8. If the net annual ROR(rate of return) is less than 6% of the equity value, the __________ equity value is a countable resource.
  4. 9. What step on ROR Income Producing Property handout states "Calculate the equity value by subtracting the encumbrances from the current market value.
  5. 10. ________ of ownership interest in and resources must be verified.
  6. 11. What formula do we use that calculates 40 times the average monthly payout?
Down
  1. 1. A ______ of $6,000 may be excluded from the combined equity value of all properties producing a 6% net annual ROR.
  2. 2. ____________ property can be considered nonbusiness property.
  3. 3. The ___________ of a person's ownership of or interest in mineral rights is a resource.
  4. 4. If mineral rights are non-producing, assign a ______ value of $100.
  5. 7. Actual is greater than required...we ?
  6. 9. Source for verifying income. _____ _______