Choose the product most associated with pass-through losses: DPP, REIT, or hedge fund?
QUESTION
Which DPP risk is created by investor inability to exit before termination?
QUESTION
Which two main types of REITs are tested on the SIE exam?
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ANSWER
Equity REITs and mortgage REITs. These categories distinguish between property ownership for rental income and debt instruments for interest revenue in real estate investing.