Business, 10.06.2021 23:50 yaya111601

You own a house that you rent for $1,325 per month. The maintenance expenses on the house average $245 per month. The house cost $228,000 when you purchased it 4 years ago. A recent appraisal on the house valued it at $250,000. If you sell the house you will incur $20,000 in real estate fees. The annual property taxes are $2,950. 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?a. $225,480b. $250,000c. $0d. $230,000e. $228,000

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You own a house that you rent for $1,325 per month. The maintenance expenses on the house average $2...

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