City sales taxes - Study guides, Class notes & Summaries

FHCE 3200 Exam 2 Questions and Answers 100% Pass capital asset - Answer- -almost everything you own or use for personal or investment purposes --your home --your car --investment like stocks, bonds, and mutual funds --ownership interest in small business you started --rental or other real estate you own basis - Answer- the price you pay, when you buy a capital asset capital gain - Answer- if you sell the asset for more than you paid for it capital loss - Answer- if you sell the asset ...

Test Bank For Financial Accounting 3rd Edition By Christopher Burnley. ACCOUNT CLASSIFICATION AND PRESENTATION Normal Account Title Classifi cation Financial Statement Balance A Accounts Payable Current Liability Statement of Financial Position Credit Accounts Receivable Current Asset Statement of Financial Position Debit Accumulated Depreciation— Plant Asset—Contra Statement of Financial Position Credit Buildings Accumulated Depreciation— Plant Asset—Contra Statement of Finan...

d - correct answer -A broker has a listing on a seller's house. The seller goes on vacation. During this time, the broker gets an offer for $78,000 and another offer for $80,000. What should the broker do? a. Present the $80,000 offer upon seller's return b. Accept the $80,000 offer on behalf of the seller c. Reject the $78,000 offer d. Present both offers upon the seller's return d - correct answer -In case of a financial hardship due to a zoning requirement, for what should the...

Test Bank for McGraw-Hill’s Essentials of Federal Taxation 2024 Edition, 15th Edition By Brian Spilker Version 1 2 Student name: 1) The following are a series of tables that may be referred to in several questions throughout your test. Please refer to these tables as needed or as directed. 2023 Tax Rate SchedulesIndividualsSchedule X-Single If taxable income is over: But not over: The tax is: $ 0 $ 11,000 10% of taxable income $ 11,000 $ 44,725 $1,100 plus 12% of the excess over...

FHA requirements for housing expense ratios (HER) and total obligations ratio (TOR) are - ANSWER 28% (HER) and 36% (TOR). Yesterday, a broker obtained a 90-day listing contract that has a self-renewing provision extending the agreement an additional 60 days after expiration unless either party cancels in writing. The listing contract is - ANSWER void. Unlicensed personal assistants - ANSWER who are directed by the sales associate in how to do their jobs cannot be classified as independent ...

Gold Coast End of chapter Questions 1-19 Which of the following statements is true regarding a mortgage loan originator? - A mortgage loan originator must have a separate license. A real estate appraiser's fee for professional service is based on which of the following? - The time and difficulty of the appraisal Which of the following best describes the real estate brokerage business? - Service Business When a developer completes construction of a new subdivision, all streets, ele...

Gold Coast School Real Estate Questions Ch.1-19||Complete Questions with 100% Correct Answers 1. The real estate market is local in nature what does that mean? Information about real estate can best be found through local sources, which makes the real estate market local in nature 2. You would expect a real estate licensee to perform all of the following activities, EXCEPT: A. Providing expert knowledge about construction methods and materials B. Providing expert knowledge to members of...

CPF FINAL EXAM QUESTIONS AND ANSWERS ALL CORRECT What can be taxed? - Answer- Earned Income (income tax)- wages, salaries, tips (federal and state) Other Income - winnings Investment Income - dividends, interest Capital Gains - profits from sale of an investment Purchases (sales tax) Types of taxes - Answer- Real Estate Property Taxes - land and buildings Estate Tax- tax on sale of possessions after death - can be up to 50%! Gift Tax - gifts over $15,000 Sin Tax - Cigarettes and Al...

Gold Coast School Real Estate Questions Ch.1-19 with 100% Correct Answers 1. The real estate market is local in nature what does that mean? - Correct Answer ️️ - Information about real estate can best be found through local sources, which makes the real estate market local in nature 2. You would expect a real estate licensee to perform all of the following activities, EXCEPT: A. Providing expert knowledge about construction methods and materials B. Providing expert knowledge to membe...

MIE 305 Exam 1 Latest Version with Complete Solutions Law a body of enforceable rules governing relationships among individuals and between individuals and their society -establish rights, duties, and privileges that are consistent w/ the values & beliefs of a society or its ruling group role of law in small business 1. Business organization (type of entity, how much personal liability?) 2. Taxation (how it will be taxed, how to reduce taxes) 3. Intellectual property (any patents ...