which of the following arrangements generated the most non qualified income? A. $6,000 of management fees...
which of the following arrangements generated the most non qualified income? A. $6,000 of management fees from a 40% owned jv and $2,000 of management fees from a JV owned 50%. B. 5,000 of development fees earned from a 50% owned JV and 3,000 of net interest income from a qualifying hedge and 1,000 of REIT dividends. C. 5,000 of management fees from a 90% owned joint venture with an 80% 704(b) capital account and 2,000 of percentage rent based on gross revenue less merchandise return and 50 received from tenants for courtesy services. D. cleaning service costing 1,000 to clean inside a tenant's premises in a retail property that the tenant uses s an office and2,000 mortgage interest determined by a tenant's gross profit and 4,000 of interest on a loan secured 80% by property and 20% by a franchise license.
Homework Answers
C. 5,000 of management fees from a 90% owned joint venture with an 80% 704(b) capital account and 2,000 of percentage rent based on gross revenue less merchandise return and 50 received from tenants for courtesy services.
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which of the following arrangements generated the most non
qualified income? A. $6,000 of management fees...
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Comprehensive Problem 8-84 (LO 8-1, LO 8-2, LO 8-3, LO 8-4, LO 8-5) [The following information applies to the questions displayed below.] Reba Dixon is a fifth-grade school teacher who earned a salar...
Comprehensive Problem 8-84 (LO 8-1, LO 8-2, LO 8-3, LO 8-4, LO
8-5)
[The following information applies to the questions
displayed below.]
Reba Dixon is a fifth-grade school teacher who earned a salary of
$38,000 in 2018. She is 45 years old and has been divorced for four
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Comprehensive Problem 8-84 (LO 8-1, LO 8-2, LO 8-3, LO 8-4, LO
8-5)
[The following information applies to the questions
displayed below.]
Reba Dixon is a fifth-grade school teacher who earned a salary of
$38,000 in 2018. She is 45 years old and has been divorced for four
years. She receives $1,200 of alimony payments each month from her
former husband (divorced in 2016). Reba also rents out a small
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