Listed propert - Study guides, Class notes & Summaries
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MA Real Estate Practice Exam Questions And Answers 2022
- Exam (elaborations) • 69 pages • 2022
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Blockbusting causes: 
A Trust busting 
B Panic peddling 
C Blind advertising 
D Redlining 
B. Panic Peddling 
 
Blockbusting causes panic peddling (also known as panic selling), where homeowners quickly sell their homes for fear of a drop in home values due to the entry of a protected class into their neighborhood. 
 
 
 
Which of the following advertisements would violate fair housing law? 
 
A Private outdoor space 
B No elevator access 
C Walk-in closet 
D Easy access to the highway 
C Walk-i...
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FEDERAL INCOME TAX EXAM #3 QUESTIONS AND VERIFIED ANSWERS 100% CORRECT
- Exam (elaborations) • 9 pages • 2024
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FEDERAL INCOME TAX EXAM #3 QUESTIONS AND VERIFIED ANSWERS 100% CORRECT 
Sole Proprietorship - CORRECT ANSWER--Owners have liability for debts -Assets owned in name of the individual -Unincorporated 
Limitations associated with Sole Prop. - CORRECT ANSWER-Excess Business Loss Limitation and Passive Activity 
Business Income Deduction criteria - CORRECT ANSWER-Deductions must be directly connected to business activity -Ordinary and necessary(conducive to profit generation) -Reasonable in amount(no...
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