CHAPTER 20 QUIZ 16 TO 20

CHAPTER  20  QUIZ  16  TO  20
16. A major advantage of real estate over other real assets is its liquidity.
True False
17. The only tax benefit for real estate owners is depreciation allowances.
True False
18. The time period over which real estate is financed is almost always the same period over which
depreciation is taken.
True False
19. Twin factors that make real estate an attractive investment are tax write offs and appreciation from
inflation.
True False
20. A variable rate mortgage allows the borrower to select a different rate of interest depending on economic
conditions.
True False

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