As landlord or as tenant ...
As landlord and if the property is single tenant, then I would always push for NNN. This gives the landlord protection against inflation and especially against uncontrolled property tax increases.
As tenant, I would push for gross or at least modified gross. This gives the tenant protection against the same increases as noted above.
I doubt the income tax implications are enough to throw out standard logic in this regard, but I would also advise checking with your CPA.
Feb 18, 2013