UGBA 135 FINAL Latest Update -

UGBA 135 FINAL Latest Update - Exam from Credible Source with 280 Questions and 100% Verified Detailed Correct Answers Guaranteed

1031 Exchange - CORRECT ANSWER: trade properties without paying tax

3 major rating industries - CORRECT ANSWER: moodys, fitch, standards and poors

401(K) - CORRECT ANSWER: portable

cant borrow money from plan no guaranteed lifetime monthly benefit you cant select investments like an IRA

80% of households - CORRECT ANSWER: have two people working

active investor - CORRECT ANSWER: spends more than 50% of working hours (over

750) actively in real estate

are medicare contributions tax deductible? - CORRECT ANSWER: yes

Are social security benefits taxable? - CORRECT ANSWER: Yes, 85% of them are

are social security contributions tax deductible? - CORRECT ANSWER: not for the

employees

Are the US government bonds taxable at the state and local level or both levels? -

CORRECT ANSWER: US government bonds and federal agency bonds are taxable

only federal 1 / 3

ask - CORRECT ANSWER: the lowest price a seller is willing to sell at

bankruptcies are handled in which court? - CORRECT ANSWER: Federal court

Best time to buy a car - CORRECT ANSWER: christmas, new years - end of month

bid - CORRECT ANSWER: The highest price a buyer is willing to pay for a stock.

biggest reasons for prenups - CORRECT ANSWER: - divorce ... 50% of marriages have them

bond discount - CORRECT ANSWER: amount below face value the bond is valued at in the marketpace

bond premium - CORRECT ANSWER: amount above face value the bond is valued at

in the market place

bonds - CORRECT ANSWER: a loand that must be repaid after issuance - trade in the open market above or below face value based on interest rates/changes in risk

can you and your parents both claim you for the temporary tax credit - CORRECT

ANSWER: no - you can only be claimed as a dependent on one return

capitalized cost - CORRECT ANSWER: price that you and the dealer agree upon for the car to be valued at the time of the lease think issue price

cash flow - CORRECT ANSWER: household income vs. monthly expenses

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close end funds - CORRECT ANSWER: pooled investment portfolios which raise money by issuing shares in IPO. after, shares listed on exchange and publicly traded based on supply and demand, not NAV

closed end funds - CORRECT ANSWER: pooled investment portfolios which raise

money by issuing in IPO. after, shares listed on exchange and publicly traded based on supply and demand, not NAV.

common stock - CORRECT ANSWER: Share of ownership in corporation - limited

liability liquid and volatile Term used to describe the total amount paid in by stockholders for the shares they purchase.

contribute the most that you can to - CORRECT ANSWER: an employed sponsor

retirement plan to get the biggest possible employer contribution count it towards your 15% savings goal

Conventional wisdom - you profit in real estate when you - CORRECT ANSWER: buy a property

corporate bonds - CORRECT ANSWER: interest taxed as ordinary income

Corporations - CORRECT ANSWER: Most large enterprises are chartered by the state or country and are subject to the laws of that given country - will raise money by selling shares of their stock

coupon yield - CORRECT ANSWER: fixed percentage rate of interest based upon the

par value of the bond

Credit Card Act - CORRECT ANSWER: Protected consumers from unfair and deceptive

credit card practices and gave cardholders additional rights; enacted in 2009.

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