section 32.. investor types questions
with answers.
Investors can be categorized in two ways, by: ANS -Property type
Investment strategy
Property types include: ANS -Single-family homes
Multi-family residences
Apartments
Retail
Warehouse/storage
Other commercial
Vacant land
Investment strategies are the ways in which the investor profits on the investment. These include: ANS -
Fix and flip
Buy and hold (i.e., hold and rent)
Wholesaling
FIRPTA ANS -Foreign Investment in Real Property Tax Act
When a non-resident sells real property owned in the U.S., the Internal Revenue Service wants to make
sure it receives any capital gains taxes owed. What will the IRS withhold when a foreign person sells a
New York property? ANS -15% of sales price
Certified International Property Specialist (CIPS) ANS -This designation is offered through the National
Association of REALTORS®. Members learn about currency and exchange rate issues, visa and tax laws,
cross-cultural relationships, regional market conditions, and investment performance. Those who earn
the certification are allowed to use the CIPS logo and brand, and are listed in the CIPS directory.
with answers.
Investors can be categorized in two ways, by: ANS -Property type
Investment strategy
Property types include: ANS -Single-family homes
Multi-family residences
Apartments
Retail
Warehouse/storage
Other commercial
Vacant land
Investment strategies are the ways in which the investor profits on the investment. These include: ANS -
Fix and flip
Buy and hold (i.e., hold and rent)
Wholesaling
FIRPTA ANS -Foreign Investment in Real Property Tax Act
When a non-resident sells real property owned in the U.S., the Internal Revenue Service wants to make
sure it receives any capital gains taxes owed. What will the IRS withhold when a foreign person sells a
New York property? ANS -15% of sales price
Certified International Property Specialist (CIPS) ANS -This designation is offered through the National
Association of REALTORS®. Members learn about currency and exchange rate issues, visa and tax laws,
cross-cultural relationships, regional market conditions, and investment performance. Those who earn
the certification are allowed to use the CIPS logo and brand, and are listed in the CIPS directory.
