Designed to satisfy Department of Real Estate licensing requirements serving as an equivalent to BUSR 52. Students who repeat this course will improve their skills through further instruction and practice. Market, cost and gross rent multiplier approaches to specified 1-4 unit residential appraisals. Current income tax principles governing the acquisition, ownership, operation, and disposition of real property investments with special emphasis on tax planning and integration of tax concepts with procedural aspects. Meets California real estate license requirements for broker.
Emphasis is placed on the accounting and mathematics of the escrow.