Answer:
$60,000
Explanation:
According to section 1250 of the Internal Revenue Service, the depreciation previously allowed as a deduction would now be taxed in the case of ordinary income at the highest tax level.
And, For this, the asset should be depreciated real property.
In the question, there is depreciation charged for apartment building so the same is eligible
The eligibility is allowed up to $60,000 and the same is to be considered
Option D is correct. A CMA is not an appraisal and should not be advertised as one.
<h3>What is a comparative market analysis?</h3>
This is the term that is used to refer to the market analysis that may
be done by the real estate agents.
The goal is to analyze and find out the existing prices in the market by the available listings and previous listings of properties. The reason why the real estate agencies carry out the CMA is to determine the right prices for home sellers to sell their homes.
On the other hand, the purpose is to enable the buyers of these homes to buy the properties at the best possible prices.
Complete question
The Comparative Market Analysis (CMA) is a tool for licensees; which statement below is correct about the CMA?
A) The CMA is the same as an appraisal
B) A CMA is an estimate of value and an appraisal is exact value
C) A CMA and an appraisal must both conform to USPAP standards
D) A CMA is not an appraisal - and should not be advertised as one
Read more on market analysis here;brainly.com/question/17246850
#SPJ1
Answer:
9.78%
Explanation:
The yield to maturity can be determined using the rate formula in excel as shown below:
=rate(nper,pmt,-pv,fv)
nper is number of times coupon interest would be paid,which is 12 years multiplied by 2(semi-annual interest payment) i.e 24
pmt is the semi-annual interest which is $1000*8%/2=$40
pv is the current price of the bond at $876.40
fv is the face value of the bond which is $1000
=rate(24,40,-876.40,1000)=4.89%
Semi-annual yield is 4.89%
Annual yield is 4.89%*2=9.78%
The yield to maturity on these bonds is approximately 9.78%
