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NEW QUESTION: 1
Which of the following is categorized under speculative property and not income property?
A. Factories
B. Multi-family properties
C. Single family properties
D. Office buildings
E. Land
F. Warehouses
Answer: E
Explanation:
Explanation/Reference:
Explanation:
Income property includes single and multi-family properties, office buildings, factories, and warehouses.
Speculative property includes raw land.
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