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1. Dave bought a rental property for $560,000 cash. One year later, he sold it for $575,000. What was the return on his $560,000 investment? (Negative amount should be indicated by a minus sign. Enter your answer as a percent rounded to 2 decimal places.)
2. Assume your home is assessed at $285,000. You have a $213,000 loan for 20 years at 5 percent. Your property tax rate is 1.2 percent of the assessed value. In year one, you would pay $10,650 in mortgage interest and $3,420 in property tax (1.2 percent on $285,000 assessed value). What is the total deduction you can take on your federal income tax return?
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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