Which of the following does define investment property? Property held to earn rentals Right of use of assets Property used in the production/supply of goods or services 1 and 2

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter8: Depreciation, Cost Recovery, Amortization, And Depletion
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Which of the following does define investment property?

  1. Property held to earn rentals
  2. Right of use of assets
  3. Property used in the production/supply of goods or services
  4. 1 and 2
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