____ is not an example of a capital improvement.
A) Adding a new roof
B) Fixing a plumbing leak
C) Remodeling a kitchen.
D) Putting in a sprinkler system
Correct Answer:
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Q72: High-risk investments include
A)collectibles.
B)options.
C)futures contracts.
D)All of these
Q73: Capital gains on real estate are realized
Q74: _ is a repair expense for rental
Q75: Real estate does not include
A)land.
B)permanent structures.
C)furniture.
D)mineral rights.
Q76: The average rate of return for all
Q78: Karen purchased a rental property in 1995
Q79: Patrick invested $55,000 and borrowed $105,000 for
Q80: Max paid $15,000 and borrowed $90,000 for
Q81: An effective way to estimate the value
Q82: People who want to invest speculatively in
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