Principles Of Taxation For Business And Investment Planning 2020 Edition
Principles Of Taxation For Business And Investment Planning 2020 Edition
23rd Edition
ISBN: 9781259969546
Author: Sally Jones, Shelley C. Rhoades-Catanach, Sandra R Callaghan
Publisher: McGraw-Hill Education
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Chapter 5, Problem 2RP
To determine

Provide the list of five questions that should be asked to the client to gather information.

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Assume that you’ve just inherited $100,000 and wish to use all or part of it to make a real estate investment. Would you invest directly in real estate, or indirectly through something like a REIT? Explain.     Assuming that you decided to invest directly, would you invest in income-producing property or speculative property? Why? Describe the key characteristics of the types of income producing or speculative property you would seek.   What financial and nonfinancial goals would you establish before beginning the search for suitable property?   If you decide to invest in real estate indirectly, which type(s) of securities would you buy, and why?
Janine is currently in need of cash and plans to sell some of his capital assets.   Which of the following would be subject to the capital gains tax if sold?   a. ornamental plants b. patent c. grazing field d. smartphone
Assume Louise has inherited a large sum of money and wish to use it to make a real estate investment. She is a working professional in her late 30s. a.      Would you recommend her to invest in income property or speculative property? Why? Describe the key characteristics of the income or speculative property on which she would focus her search.  b.     Louise has studied economics and knows about demand and supply, yet she doesn’t understand how to apply them to an investment analysis. Advise Louise in a practical way, how she might incorporate demand and supply into an investment analysis of property investment?

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Principles Of Taxation For Business And Investment Planning 2020 Edition

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