Most accurate regarding depreciation on real estate

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Reference no: EM131707474

1. A factor that affects the supply of real estate is:

Demographic composition of the community.

Availability of Builders

Existing inventory of similar properties.

Income level of buyers

2. Which of the following is most accurate regarding depreciation on real estate?

It is a cash expense.

It decreases net operating income (NOI).

It produces an income tax savings.

It increases payable income tax.

Reference no: EM131707474

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