David Saks: August 2013

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Real Estate Practice : Lesson 2295

                                                         #2295

The basis is the carbon copy of a mortgage document.

Is this fact true or false ?

Please remember to take your time. The solution is posted below the wildlife photo.

wildlife

A. False

The basis is a figure which is used to calculate gain on the sale of real estate as required for federal income tax.




David Saks



Time&Temp Memphis

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Comment balloon 0 commentsDavid Saks • August 05 2013 03:12AM
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