Assume that Congress amends the tax law to provide for a maximum 18 percent rate on rental

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Assume that Congress amends the tax law to provide for a maximum 18 percent rate on rental income generated by single-family residences. What effect might this preferential rate have on the market value of this category of real estate?

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Principles Of Taxation For Business And Investment Planning 2016 Edition

ISBN: 9781259549250

19th Edition

Authors: Sally Jones, Shelley Rhoades Catanach

Question Posted: Nov 03, 2015 05:08 AM

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Assume that Congress amends the tax law to provide for a maximum 18 percent rate on rental

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Because the preferential tax rate increases the aftert...View the full answer

Principles Of Taxation For Business And Investment Planning 2016 Edition

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