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Delvig [45]
3 years ago
10

John owns a second home in Palm Springs, California. During the year he rented the home for $4,000 for 36 days and used the hous

e for 14 days during the summer. The house remained vacant during the remainder of the year. The expenses for the home included $5,000 in mortgage interest, $600 in property taxes, $900 for utilities and maintenance, and $3, 500 of depreciation. What is John's deductible rental loss, before considering the passive loss limitations? $200 $875 $3, 200 $3, 500 $0
Business
1 answer:
tekilochka [14]3 years ago
7 0

Answer:

Option (C) is correct.

Explanation:

Total expenses:

= mortgage interest + property tax + utilities and maintenance + Depreciation expense

= $5,000 + $600 +  $900 + $3,500

= $10,000

Proportionate rental expenses = Total expenses × \frac{36\ days}{(36 + 14) days}

Proportionate rental expenses = 10,000 × \frac{36\ days}{(36 + 14) days}

= $7,200

Rental Loss = Rental Income - Proportionate rental expenses

                   = $4,000 - $7,200

                   = -($3,200)

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List 10 effective methods used to maintain employment. 
Sphinxa [80]

Answer:

I don’t know that I would call them methods - a better word might be behaviors. And I don’t know if I can come up with ten.

  • Never be late for work and never leave early to go home. If you must leave early (or you know you’ll be coming in late the next day) be sure to tell your boss first.
  • Dress appropriately and respectfully for the job. Always start the day wearing clean clothes.
  • Be respectful of your boss
  • Do every assignment to the best of your ability. When you are finished, let your boss know and ask what you can do next rather than waiting to be told (unless you know what to do next).
  • Don’t whine or complain about the work assigned to you
  • Try to constantly learn more about your job and apply what you learn to do your job better
  • Don’t badmouth your fellow employees (unless specifically asked by your boss)
  • When it doesn’t severely impact your work, try to help out your fellow employees if they need it - especially the newer ones
  • Keep your work area organized
  • Don’t be afraid to make constructive, non-critical suggestions to your fellow employees or even your boss, but be sure the suggestions are well-researched and carefully thought out
6 0
3 years ago
The AIDA model describes how firms must motivate consumers to go from __________of a brand to taking __________toward obtaining
pantera1 [17]

Answer:

The correct answer is letter "E": attention; action.

Explanation:

The Attention, Interest, Desire, and Action (AIDA) model was proposed in 1898 by American advertiser E. St. Elmo Lewis (1872-1948) mainly focused on the telephone sales environment. The conversation followed four (4) steps:

  • Attention:<em> before selling, attract the customer's attention to the product. </em>
  • Interest:<em> if the customer is interested in the product, keep the interest up. </em>
  • Desire:<em> create a desire for possessing the product. </em>
  • Action:<em> when the sale desire has been created, motivate the action of purchasing and paying for it.</em>
8 0
3 years ago
Who develops the menu in a restaurant?<br> The ________ develops the menu in a restaurant
Airida [17]
The owner is usually the one who developed the menu.
3 0
3 years ago
Bonds are basically also known as what?
Karo-lina-s [1.5K]

bonds are basically known as

b)contracts

8 0
3 years ago
A registered investment adviser often recommends real estate limited partnership investments to her wealthy clients. The RIA's p
Levart [38]

Answer:

B.Her actions are inconsistent with the advice being given to her clients and this must be disclosed

Explanation:

A registered investment adviser often recommends real estate limited partnership investments to her wealthy clients. The RIA's personal financial statement and income are consistent with those of her wealthy clients, yet she never buys limited partnership units for her personal account. Which statement is TRUE

A real estate limited partnership (RELP) is a group of investors who pool their financial resources to invest in property purchasing, development, or leasing. Under its limited partnership status, This form of partnership  has a general partner who bears full liability and limited partners who are predispose  only up to the amount they contribute

The registered investment adviser does not practice what she teaches. She might just be in the profession for the money. She might also understand the risk associated with the real estate limited partnership investments and hence  would want to be risk averse herself. she should let her clients know the nitty gritty of the partnership and put a disclaimer across to them

4 0
3 years ago
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