Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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which outlines major classifications used to identify and group different types of real estate
Expert Solution
Step 1: Introduction
Real estate is the dealing of property and buildings for the purpose of residential, commercial and other use. In this, purchase and sale of properties are included. This can be done with the help of some intermediary parties or through direct dealing with the buyer and seller. Person needs to register the property for the legal transactions to be happen which also impose some capital gain taxes also.
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