Net sale proceeds less adjusted basis of the property, Financial Management

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Net sale proceeds less adjusted basis of the property

1. Net sale proceeds less adjusted basis of the property determines which of the following?

After-tax net present value of the property

Depreciation allowance for the property

Before-tax net present value of the property

Capital gains or losses

2. Which of the following is considered a hard cost in real estate development?

Environmental impact report

Landscaping

Architect’s fee

Loan fees

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Financial Management: Net sale proceeds less adjusted basis of the property

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Financial Management: Net sale proceeds less adjusted basis of the property

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