{"id":119089,"date":"2021-01-19T11:07:45","date_gmt":"2021-01-19T11:07:45","guid":{"rendered":"https:\/\/essayparlour.com\/custom-essays\/?p=119089"},"modified":"2021-01-19T11:07:45","modified_gmt":"2021-01-19T11:07:45","slug":"order-the-answer-to-one-january-gerald-adair-bought-a-small-house","status":"publish","type":"post","link":"https:\/\/essayparlour.com\/custom-essays\/business-economics-2\/order-the-answer-to-one-january-gerald-adair-bought-a-small-house\/","title":{"rendered":"Order the answer to: One January Gerald Adair bought a small house"},"content":{"rendered":"<table style = 'table-striped table-bordered table-hover' responsive='true'>\n<tr>\n<th>Question<\/th>\n<td>One January Gerald Adair bought a small house and lot for $99,700. He estimated that $9700 of this amount represented the value of the land. He rented the house for $6500 a year during the 4 years he owned the house. Expenses for property taxes, maintenance, and so forth were $500 per year. For tax purposes the house was depreciated by MACRS   (27.5-year straight-line   with a midmonth convention is used for rental property). At the end of 4 years the property was sold for $105,000. Gerald is married and works as an engineer. He estimates that his incremental state and federal combined tax rate is 24%. What after-tax rate of return did Gerald obtain on his investment in the property?<\/td>\n<\/tr>\n<tr>\n<th>Subject<\/th>\n<td>business-economics<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Question<br \/>\nOne January Gerald Adair bought a small house and lot for $99,700. He estimated that $9700 of this amount represented the value of the land. He rented the house for $6500 a year during the 4 years he owned the house. Expenses <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":["post-119089","post","type-post","status-publish","format-standard","hentry","category-business-economics-2"],"_links":{"self":[{"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/posts\/119089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/comments?post=119089"}],"version-history":[{"count":1,"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/posts\/119089\/revisions"}],"predecessor-version":[{"id":119090,"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/posts\/119089\/revisions\/119090"}],"wp:attachment":[{"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/media?parent=119089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/categories?post=119089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/tags?post=119089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}