17. The cash value of a $10,000 tax credit to an investor having very high income is: a) $10,000 times his/her tax bracket b) $10,000K (100%-tax bracket) c) 10,000+ number of years to depreciate d) 10,000+ number of years to depreciate the property e) $10,000 18. Assume a seller pays you a 6% commission on a $200,000 land deal that you not only put together with a 20% carried interest but you also add a "packaging fee" of 5% to the acquisition group and buy 10% of the deal personally. How much total pre-tax cash do you personally gain over the entire holding period minus cost to invest at time zero? The net resale price in two (2) years is $300,000 with zero commission (Assume no cash flow and no resale commission). a) $90,000 b) $85,000 c) $102,500 d) $112,500 e) Heck if I know