Which of the following types of property provide the greatest diversification benefit to shares whilst remaining accessible to most retail investors? Select one: O a. Listed property trusts - unstapled O b. Direct, commercial property O c. Unlisted property trusts O d. Property syndicates O e. Listed property trusts - stapled Next Toge Previous page Test 2 - Information Update What impact does the presence of a depreciation allowance have upon the capital gains tax and income tax of a property investment? Select one: O a. Lower CGT, no impact on Income tax O b. Lower CGT, Lower Income tax O c. Higher CGT, Lower Income tax O d. Higher CGT, Higher Income tax O e. Lower Income tax, higher CGT Previous page Next page "Negative Leverage" occurs when ... Select one: O a. The return decreases the more you borrow. O b. You are buying the property at a price below market value. O c. The property cash flows cannot support the debt service payments. O d. The return increases the more you borrow. O e. You are buying the property at a price above market value. Previous page