4 When calculating taxes, the difference between the acquisition cost and selling price of a house is called a ordinary income b amortization c capital gain d deferred income 5 Which of the following would NOT result in an increase in housing demand a Population growth b Employment growth c Higher interest rates d Higher household income 6 Which of the following techniques is NOT associated with the income approach to valuation a Capitalization rate b Discounted present value c Factor discounting rates d Gross income multiplier

Question

4  When calculating taxes, the difference between the acquisition cost and selling price of a house is called  a  ordinary income  b  amortization  c  capital gain  d  deferred income  5  Which of the following would NOT result in an increase in housing demand  a  Population growth b  Employment growth c  Higher interest rates d  Higher household income 6  Which of the following techniques is NOT associated with the income approach to valuation  a  Capitalization rate b  Discounted present value c  Factor discounting rates d  Gross income multiplier

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Question

4. When calculating taxes, the difference between the acquisition cost and selling price of a house is called: a. ordinary income. b. amortization. c. capital

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