When is buying a house and renting it out a profitable venture?
a. Renting is profitable only when one has enough money set aside to pay for the house in full.
b. When the rent money coming in is more than the monthly mortgage, taxes, and maintenance, rental real estate is profitable.
c. Renting a house out is profitable if one does not require a contract or cost of utilities.
d. Renting out a house is only profitable when one has more than three properties for rent.
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “When is buying a house and renting it out a profitable venture? a. Renting is profitable only when one has enough money set aside to pay ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What information can you find in the Occupational Outlook Handbook (OOH) ? the value of every company in the same business the company's mission and goals, along with current salaries the job requirements, work environment, and salary range the
Answers (1)
You are a scientist presenting your latest discovery to two different audiences. on monday you will present to the board of directors of your company.
Answers (1)
What is the financial advantage (disadvantage) per quarter of discontinuing the racing bikes?
Answers (1)
Significant facts about consensual encounters
Answers (1)
Use the following method to calculate the yearly depreciation allowances and book values for a firm that has purchased $150,000 worth of office equipment that qualifies as depreciation property.
Answers (1)
New Questions in Business
involves matching the candidate's intellectual and physical skills to those of the job being filled. a. Person-organization fit b. Cognitive analytics c. Ability-job fit d. Personality-ability fit e. Personality-job fit
Answers (1)
Assume that a $1,000,000 par value, semiannual coupon US Treasury note with five years to maturity has a coupon rate of 6%. The yield to maturity (YTM) of the bond is 11.00%.
Answers (2)
The shareholders' equity of Green Corporation includes $200,000 of $1 par common stock and $400,000 par of 6% cumulative preferred stock.
Answers (1)
True or False: An interest-bearing account is an account that generates interest income on the available balance in the account. → False
Answers (1)
Answer the question on the basis of the following information for a bond having no expiration date: bond price = $1,000; bond fixed annual interest payment = $100; bond annual interest rate = 10 percent. Refer to the given information.
Answers (1)