Real estate is the business of developing and managing properties in order to make money. Real estate development is an area that generates profits by converting underdeveloped areas into high-value developments. Developers can make land outside of the city limits more attractive, increasing the land’s market value. Residential real estate also generates income through rent. Rent rises with inflation and demand. Landlords can claim the remainder of rent as income. These are just a few of the important things to …
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