Land, real estate investments, equipment, and machinery are considered types of non-liquid assets because they take time to convert to cash, costs can be incurred to convert them to cash, and theyIn personal finance, assets like homes and land are illiquid, or non-liquid assets. It can take months, if not longer, to sell a home at a reasonable price. And if you need to sell real estate.Non-liquid assets are assets that can be difficult to liquidate quickly. Land and real estate investments are considered non-liquid assets because it can take months for a person or company to. Is land a liquid asset.
22 Sep 2021, 02:15
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