Business, 10.09.2020 04:01 cartizeb23

You own a house that you rent for $1,125 per month. The maintenance expenses on the house average $205 per month. The house cost $220,000 when you purchased it 4 years ago. A recent appraisal on the house valued it at $242,000. If you sell the house you will incur $19,360 in real estate fees. The annual property taxes are $2,550. You are deciding whether to sell the house or convert it for your own use as a professional office. What value should you place on this house when analyzing the option of using it as a professional office

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You own a house that you rent for $1,125 per month. The maintenance expenses on the house average $2...

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