Bill took out a $100,000 non-recourse loan and bought an apartment building. the building is not security for the loan. bill spent $25,000 of his own money on repairs before he rented the apartment building to the public. bill is single, works full-time, and earns $80,000 per year. bill’s loss from the rental real estate activity, in which he actively participates, is $30,000. he has no passive income. for what amount is bill at-risk, and how much of bill’s passive loss from his rental activity is deductible?

List five words to describe your dominant culture. list five words to describe a culture with which you are not a member, have little or no contact, or have limited knowledge. can someone give me a example on how to answer this?

The risk-free rate is 7% and the expected rate of return on the market portfolio is 11%. a. calculate the required rate of return on a security with a beta of 1.92. (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) b. if the security is expected to return 15%, is it overpriced or underpriced?

David paid $975,000 for two beachfront lots in coastal south carolina, with the intention of building residential homes on each. two years later, the south carolina legislature passed the beachfront management act, barring any further development of the coast, including david's lots. when david files a complaint to seek compensation for his property, south carolina refuses, pointing to a passage in david's own complaint that states "the beachfront management act [was] properly and validly designed to south carolina's " is south carolina required to compensate david under the takings clause?