Exam (elaborations)
ASREB Practice exam 2023/2024 with 100% correct answers
- Course
- ASREB
- Institution
- Northern Arizona University
Formula for finding property value when you have the net operating income and cap rate - correct answer Current market value(CMV)= NOI/ cap rate Example: CMV=$5.480/ .08(8%) =$68,500 When would IRS form 1099S be used? - correct answer Report sales price What's a 1099s forms - correct an...
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