Equity REIT
Question 9.9.( TCOs 6 and 7) An investor holds legal title to a piece of property if he or she participates in what type of real estate investment?( Points: 1)
Ginnie Mae Participation certificates( PCs) REITs Direct investment Indirect investment
Question 10.10.( TCOs 6 and 7) You have purchased a condominium in Orlando, FL in order to rent out rooms to vacationers. What type of investment have you made?( Points: 1)
Direct investment in real estate Indirect investment in real estate Investment in precious metals Investment in collectibles Investment in gems
Question 11.11.( TCOs 6 and 7) All of the following are misconceptions about retirement planning except for which?( Points: 1) My expenses will drop when I retire.
My retirement will last only 8 years.
I can depend on Social Security income and Medicare for medical bill payment.