What are some of the potential problems with using a “going-in”  capitalization rate that is obtained from previous property sales transactions to value a property being offered for sale today?

Which of the following characteristics is most likely to diff erentiate investment propertyfrom property, plant, and equipment?A. It is tangible.B. It earns rent.C. It is long-lived.

Describe why allow the fair value option for financial assets and liabilities and not for buildings or land?

Do you think taxes affect the value of real estate versus other investments?

Which are the other Approaches to Investing in Distressed Properties?

Illustrate the significance of depreciation and income taxes?

Why is the cost of certain kinds of property not recoverable at all by way of depreciation, depletion, or amortization deductions? In addition to answering that question, give three examples of the kinds of assets that are not subject to “cost recovery”.

What is the economic rationale for the sales comparison approach? What information is necessary to use this approach? What does it mean for a property to be comparable?

How can bookkeepers and accountants steal from a property, and what steps can be taken toprevent it?

Which of the following would be an example of a "transactional" adjustment made to a comparable sale? An adjustment for below-rate financing An adjustment for the property's use An adjustment for the property's location An adjustment for the property's operating expenses