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Question:
Answer “Landscaping expenses” is the only option that is not tax deductible for owner-occupied residences.
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A deed ____
____
does not have to be recorded to transfer title.
When the public records have been examined, a written summary of the chain of title is known as a (n) ____
abstract of title.
Unless otherwise licensed, a real estate licensee is prohibited from doing all of the following, except ____
sell real estate.
When an eligible veteran purchases a home under the CalVet program, the grant deed is in favor of ____
the California Department of Veterans Affairs.
Anna sold her primary residence for $950,000. She originally paid $750,000 for the property four years ago. She spent $300,000 on capital improvements during her ownership. What can Anna write-off when filing her tax return?
None of the above.
In an escrow statement, the term “recurring costs” is in reference to ____
impound account items.
Which of these persons or entities may not engage in the escrow business?
A principal in the transaction.
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