Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

When the value of a real estate property increases over time, this is called: a . depreciation on capital gains. b . appreciation. c .

When the value of a real estate property increases over time, this is called:
a. depreciation on capital gains.
b. appreciation.
c. equity.
d. all the answers are incorrect.
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Small Fund Management

Authors: K. K.

1st Edition

979-8866391837

More Books

Students also viewed these Finance questions