The costs for holding raw land for investment purposes wouldNOTinclude

Group of answer choices

opportunity costs.

taxes.

mortgage payments.

depreciation.

Which of the following techniquesenables an owner to capitalize to the highest degree when selling the property?

Group of answer choices

rezoning

cooperative

condominium conversion

horizontal regime

All of the following are advantages of office condominium ownershipEXCEPT

Group of answer choices

controlled occupancy costs.

equity growth.

the ability to control future expansions.

deductible depreciation expense.

An owner-occupant of a single-family home or condominium may deduct which of the following items from income taxes?

Group of answer choices

Depreciation

Interest

Property insurance premiums

Repair costs

Which of the following isNOTconsidered a potentially responsible party (PRP) under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA)?

Group of answer choices

Previous owners

Lenders as long as they perform no management functions

Anyone that installed the hazardous material

Anyone who produced the hazardous material