1. options are: (residential) or (commercial)

2. options are: (a closed-end) or (an opened end)

9. Choosing a real estate investment Comparing Real Estate Investments Suppose Gilberto wants to invest in real estate and is considering two different residential properties. Based on the expected incomes and operating expenses of each, he estimates that the first property (property A) has an Not of $42,000 and that the other (property B) has an Not of $30,000 If the cap rate is 10%, property A has an estimated value of $ and property B has an estimated value of In deciding between these two properties, it is important for Gilberto to consider other factors. If he is a first-time investor, he is probably better off Investing in property. (Note: Round your answers to two decimal places.) to Alternatively, Gilberto might want to consider investing in a real estate investment trust (REIT), a type of investment company that operates similarly mutual fund. Which of the following statements regarding REITs are true? Check all that apply. They can increase the diversification of individuals who are already invested in the stock market Income distributed from REIT Investments is taxed at 15% All REITs own income-producing real estate such as office buildings and hotels They allow individuals to buy shares in a real estate-based stock portfolio Grade It Now Save & Continue Continue without saving