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Which one of the following properties would be classified as an investment property? a. A property that has been leased out under a finance lease

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Which one of the following properties would be classified as an investment property? a. A property that has been leased out under a finance lease b. A stately home used for executive training but which is no longer required and is now being held for resale. OC. A new office building used by an insurance entity as its head office which was purchased specifically in the centre of a major city in order to exploit its capital gains potential. o d. Purchased land for investment potential. Planning permission has not been obtained for building construction of any kind. Check Next page

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