What expense(s)could reduce your income on a rental property? A) Termites B) Tenants refuse to pay rent C) Water leaks D) Air conditioner repair

## Step 1
The question is asking about the potential expenses that could reduce income from a rental property. Each of the options provided could potentially lead to financial losses for the property owner.

## Step 2
Option A) Termites: Termites can cause significant damage to a property, leading to costly repairs. This can reduce the income from the rental property as the owner may need to spend money on repairs.

## Step 3
Option B) Tenants refuse to pay rent: If tenants refuse to pay rent, the owner's income from the rental property would be reduced. This could happen due to a variety of reasons, such as disagreements over the terms of the lease or other issues.

## Step 4
Option C) Water leaks: Water leaks can cause damage to the property, leading to costly repairs. This can reduce the income from the rental property as the owner may need to spend money on repairs.

## Step 5
Option D) Air conditioner repair: If the air conditioning system in the rental property breaks down, it can lead to additional costs for the owner. This can reduce the income from the rental property as the owner may need to spend money on repairs.