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Leased Property, When Included in the Property Factor, Usually Is

question 114

Short Answer

Leased property, when included in the property factor, usually is valued at ____________________ times its annual rental, even though the taxpayer does not own the asset.
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Definitions:

Calculating

The process of determining a quantitative answer or figure through mathematical operations or procedures.

Benchmark Portfolio

A standard or reference by which the performance of a portfolio can be measured or judged.

Passive Strategy

An investment strategy involving minimal buying and selling actions, typically focused on long-term investment in index funds or Exchange-Traded Funds (ETFs).

Steps

A sequence of actions or procedures taken in order to achieve a particular end.

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