Exam (elaborations)
ASREB 141 Practice exam Questions with 100% Correct Answers | Verified | Updated 2024
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Formula for finding property value when you have the net operating income and cap rate - ️️Current market value(CMV)= NOI/ cap rate Example: CMV=$5.480/ .08(8%) =$68,500 When would IRS form 1099S be used? - ️️Report sales price What's a 1099s forms - ️️Known as an "information re...
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