A couple recently got preapproved on a loan for their first house purchase. They are speculating on how much they should bid on their number one choice-a small, three-bedroom bungalow near a major college town. Which indicator may be an important factor in whether they are able to successfully put in a low bid? Multiple Choice the unemployment rate in that area the producer's price index in that area the CMI-consumer's marginal index the federal tax rate in that area O O

Do you own a home?If yes, how much property tax you pay? From the township, you must have received a letter indicating how much property tax you paid last year and what is the accessed value your property for this year. Does this letter contain fair market value, assessment rate and property tax rate for your property? Comment on why this amount varies from one township to another. If you do not own a home, investigate the same thing from someone  you know who owns a house.

A $700 laptop has 10% tax. Find the total amount due.

13) Property that is titled as “joint tenants” allows for: a. the property to pass outside of the probate process to a surviving joint ownerr b. tenants to remain in a leased property if the lessor dies. c. the decedent’s interest in the property to avoid inclusion in his or her estate for estate tax purposes. d. a distribution to the joint survivor that is recognized as taxable income.