Cdfa exam questions Study guides, Class notes & Summaries

CDFA EXAM LATEST ACTUAL EXAM 300 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+

CDFA EXAM LATEST ACTUAL EXAM 300 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+

Adam and Kim are divorced. Adam was awarded use of their jointly-owned home for three years. It has been three years and Adam and Kim have sold the home for $920,000. The basis was $360,000, the mortgage was $420,000, and the selling expenses were $35,000. What is Kim's taxable capital gain? $12500 To calculate the taxable gain, the cost basis and the selling expenses are subtracted from the sales price. Half of this amount is the gain and then Kim’s exclusion amount is subtracted from the ...

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Pesticide Use Enforcement CDFA Exam Questions with Correct Answers

Measuring Devices - CDFA Exam Questions with Complete Solutions

CDFA Module 2 Exam Questions And Answers Asset most likely to be couple's most valuable? - ANS- Family Home Separate Property - ANS- Property a person brings into the marriage; inherits during the marriage; or receives as a gift during the marriage. Marital Property - ANS- Everything acquired during the marriage, regardless of which spouse owns the property (including the increase in value of property in some states). Key documents for collecting financial information - ANS- financial...

CDFA Exam Questions with Complete Solutions 100% Verified In a divorce settlement, what mistake is commonly made by financial professionals without proper training? Considering the tax consequences of the sale of property Considering investment returns Considering inflation Considering only an equal division of property Correct answer-Considering only an equal division of property

pro se divorce - answer - a divorce proceeding in which the parties represent themselves in the divorce action no-fault divorce - answer - a divorce granted without either party having to prove the other party guilty of misconduct Residency Period - answer - at least one spouse must be a resident for a certain period of the time before the court has jurisdiction and the divorce proceedings can begin =about 90 days cooling-off period - answer - the minimum time it takes to complete a div...

CDFA Exam Questions with Complete Solutions 100% Verified pro se divorce Correct answer-a divorce proceeding in which the parties represent themselves in the divorce action no-fault divorce Correct answer-a divorce granted without either party having to prove the other party guilty of misconduct Residency Period Correct answer-at least one spouse must be a resident for a certain period of the time before the court has jurisdiction and the divorce proceedings can begin =about 90 day...