Question: please answer all questions posted #6-8 thanks Question 6 (1 point) What actions could I take prior to the sale of an apartment building that
Question 6 (1 point) What actions could I take prior to the sale of an apartment building that might result in a higher selling price? (MARK ALL THOSE THAT APPLY) Renegotiate maintenance contracts for a better price Put the resolution of any legal problems on hold Repair the lobby entrance, replacing broken floor tiles Renegotiate leases, escalating the rents Question 7 (1 point) If the depreciation schedule for an investment property was changed from 27.5 to 23 years, which is true. The proposal is only important if the building is in the 23th year of service. This proposal will give us less tax benefits based on NPV calculations This proposal will neither have advantageous nor detrimental tax benefits based on NPV This proposal will give us greater tax benefits based on NPV calculations. Question 8 (1 point) Which is true about a C Corporation (MARK ALL THOSE THAT APPLY Avoids double taxation Ownership is easily transferred Avolds complex filings with IRS and other government agencies Limited liability for investors
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