Which of the Following Is a Benefit Unique to Buying

question 187

Multiple Choice

Which of the following is a benefit unique to buying two attached homes, as opposed to the purchase of a single-family home?

• A) Real estate taxes are tax deductible.
• B) The rent income will help make the mortgage payment.
• C) Mortgage interest payments are tax deductible.
• D) The value of the home may increase over time.

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Definitions:

Res Ipsa Loquitur

A legal doctrine that infers negligence from the very nature of an accident or injury in the absence of direct evidence on how any defendant behaved.

Finding of Negligence

A determination in law that an individual or organization failed to act with care, resulting in harm to another party.

Last-Clear-Chance Doctrine

A doctrine used by a plaintiff when the defendant establishes contributory negligence. If the plaintiff can establish that the defendant had the last opportunity to avoid the accident, the plaintiff may still recover, despite being contributorily negligent.

Contributory Negligence

A legal doctrine indicating that if a party has contributed to their own injury or damages through their negligence, they may not be compensated for those injuries or damages.