The amount of $225,000 will be the would be the basis of the apartment building for income tax purposes.
Basically, the cost basis is the purchase cost which is $225,000.
The fair market value and appraised cost does not have anything to do with tax basis for income tax purposes.
In conclusion, the amount of $225,000 will be the would be the basis of the apartment building for income tax purposes
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<em>brainly.com/question/25899244</em>
It sounds a bit too broad so I would say B, too vague
-He has 25 Kids
-Homework 3 times a week
-Each has 12 problems
If he has 25 kids, and he assigns homework 3 times a week, you have to multiply. 25×3= 75
Each has 12 problems, so you have to multiply 75
75×12= 900
He had to mark 900 questions a week
Answer:
<u>Using the Harrod-Domar growth equation</u>
Growth rate = Saving rate / Capital output ratio
Growth rate = 0.01 / 3
Growth rate = 0.003
Growth rate = 0.3%
Thus, the value of growth rate is 0.3%
When the incremental capital-output ratio is 3, to achieve the 5% growth rate, the gross saving rate is 0.24 or 24%
Exogenous growth: When the labor supply is perfectly elastic, then the exogenous does not allow any factor to substitute
Endogenous growth: When the labor supply is perfectly elastic, theem the exogenous does not lead to address the savings decision or sources of productivity growth.
