What Is Not a Disadvantage of Owning Rental Property

question 52

Multiple Choice

What is not a disadvantage of owning rental property?

• A)Depreciation
• B)Legal fees
• C)Insurance costs
• D)Vacancies

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Definitions:

Type A Personality

A personality type characterized by high levels of competitiveness, self-driven behavior, a sense of urgency, and an aggressive nature.

Optimistic Explanatory Style

The tendency to attribute positive events to personal, permanent causes, and negative events to external, temporary ones, expecting good outcomes.

Pessimistic Explanatory Style

A tendency to explain negative events as having personal, permanent, and pervasive causes.

Type B Personality

A personality type characterized by a less competitive, more relaxed, and less stress-prone behavior pattern compared to Type A personality.