Owen cartwright has joined a real estate syndicate that bought an office building in downtown orlando, florida. what type of inv

Question

3 years ago

12

Owen cartwright has joined a real estate syndicate that bought an office building in downtown orlando, florida. what type of inv

estment does he hold?
a. direct investment in real estate
b. indirect investment in real estate
c. investment in precious metals
d. investment in collectibles

Business

2 answers:

GREYUIT [131] · Answer 1 · 2022-04-26T19:26:22+03:00

GREYUIT [131]3 years ago

5 0

The correct answer should be b. indirect investment in real estate

This is indirect purchase because it is done through an investment fund or a private company, in this case through a syndicate.

Leokris [45] · Answer 2 · 2022-04-26T20:52:46+03:00

Answer:

b. indirect investment in real estate

Explanation:

This person has made an indirect investment in real estate. Direct investment in real estate occurs when a person buys a property that will be in their name. Then he or she can rent or resell the property. In contrast, an indirect investment in real estate occurs when the person is part of a group such as a fund or a syndicate that invests in real estate. In this case, the real estate is in the name of the union and not the person itself. The person has an indirect right to property, which is represented by a quota.