Answer:
A.Land $100,000
Building 400,000
B.Land $100,000
Building 395,292
Explanation:
a. Logan's adjusted basis at acquisition date will be the cost of the land and that of the building which is:
Land $100,000
Building 400,000
b. What will be Logan adjusted basis at the end of 2017 :
Land will be: $100,000
Building will be :395,292
($400,000 − $4,708)
Thus the Depreciation is a capital recovery.
Answer:
The main difference between a generic market and a product-market is that: a generic-market involves a less similar set of needs than does a product-market. A basic difference between a "generic market" and a "product-market" is: how similar the competing sellers' products are.
Explanation:
Answer:
HAZARD INSURANCE is included as part of a fixed expense in the calculation of net operating income(also ppty taxes).
Explanation:
Mortgage payments are not considered as opex because they are not directly associated with the maintenance and operation of the property.
Hazard insurance is coverage that protects a property owner against damage caused by fires, severe storms, earthquakes, or other natural events. As long as the specific weather event is covered within the policy, the property owner will receive compensation to cover the cost of any damage incurred. Typically, the property owner will be required to pay for a year's worth of premiums at the time of closing, but this will depend on the exact details of the policy.
B The cost of living has risen faster than the amount people get paid. That is why they want to raise minimum wage to $15 per hour.
Answer:
Option d. What cost $100 in 1982 will on average cost $350 more.
Explanation:
This is because when a base is set the initial value is 100, and at any moment this base can be compared with the current value by subtracting the base and then dividing it by the base again. With this exercise, you will get the number of times that the base has changed in time. In this example, in 2008 the CPI was 450, computing: 450-100=350/100=3.5 In dollar in 1982 is equal than 3.5 in 2008, or the same than option d
