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Basic Question 3 of 9
The most risky form of real estate investment is:
B. raw land.
C. rental property.
D. real estate investment trust.
A. purchase of a personal residence.
B. raw land.
C. rental property.
D. real estate investment trust.
User Contributed Comments 3
| User | Comment |
|---|---|
| Rotigga | You also cannot depreciate raw land, so no tax benefit there. |
| magicchip | But..it may be the real estate investment vehicle to provide the largest capital gain with time. |
| johntan1979 | That's a giant MAYBE... I mean, how many success stories have you heard of from investing in raw land? |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
explain features and characteristics of real estate
CFA® 2025 Level I Curriculum, Volume 5, Module 4.