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please explain the question You own a house that you rent for $1,275 per month. The maintenance expenses on the house average $235 per month.

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please explain the question

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You own a house that you rent for $1,275 per month. The maintenance expenses on the house average $235 per month. The house cost $226,000 when you purchased it 4 years ago. A recent appraisal on the house valued it at $248,000. If you sell the house you will incur $19,840 in real estate fees. The annual property taxes are $2,850. You are deciding whether to sell the house or convert it for your own use as a professional ofce. What value should you place on this house when analyzing the option of using it as a professional office? Multiple Choice $0 $248,000 $226,000 $228,160 $223,800 0000

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