subject
Business, 09.12.2021 16:20 Gunn2368

Brad sold a rental home for $250,000. Brad bought the rental home 5 years ago for $225,000 and has claimed $50,000 of depreciation deductions. What is the amount and character of Brad's gain or loss

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 15:30
Marvin wrote a check of $58.25 for the water bill and $450 for rent. he also made a deposit of $124.16. how much is his new balance after writing the checks and making the deposit?
Answers: 3
question
Business, 21.06.2019 19:00
If a company’s employees are angry about their work, a visiting auditor may also become agitated, illustrating the power of
Answers: 1
question
Business, 21.06.2019 21:40
The board of directors is the highest ranking body in a corporation, and the chairman of the board is the highest ranking individual. the ceo generally works under the board and its chairman, and the board generally has the authority to remove the ceo under certain conditions. the ceo, however, cannot remove the board, but he or she can endeavor to have the board voted out and a new board voted in should a conflict arise. it is possible for a person to simultaneously serve as ceo and chairman of the board, though many corporate control experts believe it is bad to vest both offices in the same person. true false
Answers: 3
question
Business, 22.06.2019 09:40
Salt corporation's contribution margin ratio is 78% and its fixed monthly expenses are $30,000. assume that the company's sales for may are expected to be $89,000. required: estimate the company's net operating income for may, assuming that the fixed monthly expenses do not change.
Answers: 1
You know the right answer?
Brad sold a rental home for $250,000. Brad bought the rental home 5 years ago for $225,000 and has c...
Questions
question
Engineering, 05.10.2019 13:30
question
History, 05.10.2019 13:30
Questions on the website: 13722361