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Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322 Exercise 5
Assume a reserve for nonrecurring capital expenditures is to be included in the pro forma for the subject property. Explain how an above-line treatment of this expenditure would differ from a below-line treatment.
Explanation
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Most appraisers set aside a reserve for ...
Real Estate Principles 3rd Edition by David Ling,Wayne Archer
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