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Business, 12.12.2019 01:31 ahmetagayew2004

You own a house that you rent for $1550 per month. the maintenance expenses on the house average $290 per month. the house cost $237,000 when you purchased it 4 years ago. a recent appraisal on the house valued it at $259,000. if you sell the house you will incur $20,720 in real estate fees. the annual property taxes are $3400. you are deciding whether to sell the house or convert it for your own use as a professional office. what value should you place on this house when analyzing the option of using it as a professional office?

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