Question
Dave bought a rental property for $210,000 cash. One year later, he sold it for $200,000. What was the return on his $210,000 investment?
Dave bought a rental property for $210,000 cash. One year later, he sold it for $200,000. What was the return on his $210,000 investment? (Negative amount should be indicated by a minus sign. Enter your answer as a percent rounded to 2 decimal places.)
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Get StartedRecommended Textbook for
Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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