Calculate the real estate's taxes for a property with an amount of $4,500 and a closing date of October 15th? (360-day year prorated cost) 3,937.50 4,500 3,750 3,562.50 00 Calculate the real estate's taxes for a property with an amount of $4,500 and a closing date of October 15th? (360-day year prorated cost)3,937.504,5003,7503,562.50

Given: Variables in the question:Property amount=$4,500 Closing date = October 15thNote: Calendar…

Answered: Calculate the real estate's taxes for a…

Calculate the real estate's taxes for a property with an amount of $4,500 and a closing date of October 15th? (360-day year prorated cost) 3,937.50 4,500 3,750 3,562.50 00

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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K A property was purchased for $9964.00 down and payments of $1586.00 at the end of every year for 3 years Interest is 5% per annum compounded sems-annualy What was the purchase price of the properts How much is the cost of financing? The purchase price of the property was (Round the final answer to the nearest cent as needed. Round all intermediate values to sax decimal places as needed) The cost of financing S (Round the final answer to the nearest cent as needed Round at intermediate values to six decimal places as needed)
For the same property with net operating cash flows of $15,000, $16,000, $20,000, $22,000, and $17,000 as well as a sale price of $200,000 at the end of the fifth year, what is the IRR if the investor pays $170,000? Answer as a percentage out to 2 decimal places.
Sale of house and lot as vacation house costing 1M, sold for 3M with FMV of 5M. Proceeds amounting to 4M are used in acquiring a principal residence within the period set by law. What is the CGT? Philippines
om th 10 1503e je amounted to $2100. Attorney's fees were $3,100 and the real estate broker's c $2,450. Determine the cost of the land. Journalize the purchase.
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A new ford employer is purchased for 50,000 RO. It has a life period of 5 years with a residual value of 5000 RO. Find the book value at the end of 2 years by using sum of the year’s digits method. Select one: a. 23000 RO b. 18000 RO c. 35000 RO d. 33000 RO
At the beginning of current year, an entity sold building with remaining useful life of 25 years and immediately leased it back for 5 years. Sale price at fair value 20,000,000 Carrying amount of building 24,000,000 Annual rental payable at the end of each year 1,000,000 Implicit interest rate 12% Present value of an ordinary annuity of 1 at 12% for 5 periods 3.60 What is the cost of right of use asset? What is annual depreciation of the right of use asset? What is the loss on right transferred? What amount of net rental income should be reported by the lessor?
The following information related to a real estate asset investment that is fully financed using REITS equityProject costs:Land. Ksh 300000Buildings. Ksh 2500000Total costs. Ksh 2800000Operating data:Initial rent Ksh 522100Growth in rent. 8% per yearVacancy rate. 6% of gross rentOther income. 1% of gross rentOperating expenses. 16% of gross rent for one yearGrowth in expenses. 7% per yearGrowth in resale price. 6%Selling expenses. 5% of resale priceDepreciation (straight line 27.5 years, mid-month convention Put at service at beginning of the year)Holding period. 5 yearsMarginal tax rate. 30%Capital gains tax rate. 15%Depreciation recovery tax rate. 25%Estimated sale price. Ksh 3747032Selling expenses. Ksh 187352 Required:a). Operating cash flows for the first 5 yearsb). After tax cash flows from the sale of propertyc). Net present value assuming cost of capital of 15%d). What are the factors that will be considered before investing in the asset
Part 4: M. Dodge purchased a duplex on January 15, 2020 for $300,000. It is estimated $200,000 is attributable to building. The two units are identical in size, for purposes of CCA class, the property is considered to be a single unit. Note the following: January, 2020, purchased furniture and appliances for one of the units at a total cost of $10,000. For 2020, both units were rented, rental revenue was $30,000 and incurred expenses, other than CCA, of $9,000. In September, 2021, the tenants moved out and purchased all the furniture and appliances for 8,000. deducts the maximum. Calculate the rental income for 2020. Also, determine the UCC balances on January 1, 2022. Include in your solution any income tax consequences associated with the sale of the furniture and appliances.
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Joru
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