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Finance 5770 Midterm 1 Questions and Answers Grade A+ 2023
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7
May 2023
2022/2023
A
Income Sources - -1. Earned - Wages (Most Taxed)
2. Portfolio - Stocks/Bonds
3. Passive - Real Estate (Least Taxed)
-Real Estate Types - -1. Owner Occupancy - Live in (Less Risk)
2. Investment - Income
3. Speculation - Appreciation (More Risk)
-Appraisal Profession - -1. The Appraisal Foundation (TAF)
2. Appraisal Qualifications Board (AQB)
3. Appraisal Standards Board (ASB)
-Professional Designations of Appraisers - -MAI - Commercial
SRA - Residential
AI-GRS - Appraisal Revi...
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