Maurice Tutor

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About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 2 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 01 Jun 2018 My Price 4.00

new solar panels

In 2001, Tammy bought a home with her parents for $300,000, (assuming Tammy has 1/3 ownership). The home was upgraded for new solar panels costing $30,000. Two years later, her father died and just last year, her mother passed away. Saddened, Tammy finally moved out in January of this year. She plans to rent out the home for $3,000 per month, and had already spent $7,000 painting the house, inside and outside.

Tammy called and wanted to let you know her new situation. Her real estate agent advised her that the home was worth $570,000 when her father died, and $450,000 when her mother died. Given the fact that Tammy lives in a community property state, as her CPA, how would you advise her?

Answers

Maurice Tutor
(5)
Status NEW Posted 01 Jun 2018 07:06 PM My Price 4.00

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