Which of the following is not a tax advantage associated with home ownership?
A) Deductible property taxes
B) Imputed non-taxed rental income
C) Capital gain tax exemption
D) Tax deductible repayment of loan principal
Correct Answer:
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Q6: Your annual mortgage payments are $10,000 of
Q31: In the process leading to the sale
Q32: When purchasing a home you first should
Q33: Which item below would most likely not
Q35: When a potential buyer makes an offer
Q37: The real estate agent typically represents
A)only himself
Q38: Renting is generally the least costly alternative
A)for
Q39: "Earnest money" is equal to
A)the down payment
Q40: A net listing agreement
A)provides the seller a
Q41: Fixed rate mortgage typically have a
A)higher initial
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