My landlord purchased another rental property for $250,000, he estimates an annual cost of $6,000 and...
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My landlord purchased another rental property for $250,000, he estimates an annual cost of $6,000 and annual revenues are $18,000. What rate of return per year he will make over a 30 year period after he sells it for $200,000 ? My landlord purchased another rental property for $250,000, he estimates an annual cost of $6,000 and annual revenues are $18,000. What rate of return per year he will make over a 30 year period after he sells it for $200,000 ?
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To calculate the rate of return per year over a 30year period we need to consider the initial cost o... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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