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Given the following information, calculate the effective gross income multiplier for this property purchase price $1,000,000: potential gross income: 5550,000: vacancy rate: 9 net operating

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Given the following information, calculate the effective gross income multiplier for this property purchase price $1,000,000: potential gross income: 5550,000: vacancy rate: 9 net operating income: 557,900, operating expenses: 551,300. 1.12 1.32 2.00 O 2.48 Assume that you have purchased a commercial non residential building for $850.000 on January 1. If you use the straight-line method for depreciation how much can depreciation can be deducted from your taxes each year? O 519.231 O 21.795 O $24359 530,909

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