[DOWNLOAD] "State Ex Rel. Enterprise Realty Company V." by Supreme Court of Wisconsin * eBook PDF Kindle ePub Free
eBook details
- Title: State Ex Rel. Enterprise Realty Company V.
- Author : Supreme Court of Wisconsin
- Release Date : January 03, 1955
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 71 KB
Description
On July 1, 1951 the Enterprise Realty Company bought a business block in downtown Milwaukee for $525,000. It is agreed that this was a sale at fair market value. Between that date and May 1, 1953 the new owner did extensive remodeling and modernizing work on the building at a cost of $135,577.10. The city assessor appraised the building for tax purposes on May 1, 1953 at $763,000. He reached this figure by capitalizing the income presently produced by the building, with consideration also given, he testified, to the purchase price twenty-two months earlier and to reproduction costs less depreciation.
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