Access over 35 million academic & study documents

Real estate assets and taxes week 6 fin591

Content type
User Generated
Showing Page:
1/6
1
Real Estate Assets and Taxes
FIN/591
University of Phoenix
February 22, 2021
Real Estate Assets and Taxes
Question 1.

Sign up to view the full document!

lock_open Sign Up
Showing Page:
2/6
2
The ground-up construction project is constructing a structure straight from the beginning
to the finish of the building. This constitutes footings, foundations, building walls, and many
more where there was no sign of presence before. Major rehabilitation project means the
advancements made to a home or house as reported or narrated in the amount of work to be done
in the household. It also constitutes consistency within the development based on the
improvements as well as the building strategies or tactics and licenses that are permitted by the
City Party (Ward, 2018). Purchase of an existing lease commercial property is also known as a
commercial lease. These lease buyouts commonly occur once a tenant pays its landlord a large
amount of money for the termination of the lease before its official conclusion.
In a weak economy, the tenant, in most cases, pays a relative amount to his or her balance
on rent obligation. Renovation projects are commonly a cost-effective option since building the
structure is in most cases finished prior to the project, while ground-up construction projects
provide unlimited flexibility. In renovation projects, contractors require to work in the current
renovation framework, which can lead to a building that is not perfect for the anticipated
purpose. Ground-up construction may need an extended waiting period to gain the required
permits for constructing a new building from the ground going up.
Question 2.
A single dwelling home is a residential building that is standing free compared to a multi-
family residential home. Duplexes are a house that constitutes two living units connected to each
other but has different entrances, either side by side like apartments of a single one above the
other. A condominium is a form of living space that is the same as an apartment but is sold
independently and is commonly known as real estate. When investing in a condo or
condominium, one has the advantage of accessing multi-family financing selections or

Sign up to view the full document!

lock_open Sign Up
Showing Page:
3/6

Sign up to view the full document!

lock_open Sign Up
End of Preview - Want to read all 6 pages?
Access Now
Unformatted Attachment Preview
1 Real Estate Assets and Taxes FIN/591 University of Phoenix February 22, 2021 Real Estate Assets and Taxes Question 1. 2 The ground-up construction project is constructing a structure straight from the beginning to the finish of the building. This constitutes footings, foundations, building walls, and many more where there was no sign of presence before. Major rehabilitation project means the advancements made to a home or house as reported or narrated in the amount of work to be done in the household. It also constitutes consistency within the development based on the improvements as well as the building strategies or tactics and licenses that are permitted by the City Party (Ward, 2018). Purchase of an existing lease commercial property is also known as a commercial lease. These lease buyouts commonly occur once a tenant pays its landlord a large amount of money for the termination of the lease before its official conclusion. In a weak economy, the tenant, in most cases, pays a relative amount to his or her balance on rent obligation. Renovation projects are commonly a cost-effective option since building the structure is in most cases finished prior to the project, while ground-up construction projects provide unlimited flexibility. In renovation projects, contractors require to work in the current renovation framework, which can lead to a building that is not perfect for the anticipated purpose. Ground-up construction may need an extended waiting period to gain the r ...
Purchase document to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.
Studypool
4.7
Indeed
4.5
Sitejabber
4.4