Investment Property Questions

CFA Level I FRA
#1

A few questions on Investment Property:

  1. For owner-occupied property that is transferred to investment property, any gains going forward are revaluation gains recorded in OCI, correct?

  2. For owner-occupied property that is transferred to investment property, gains that reverse prior write-downs and any losses are recorded on the income statement?

  3. For inventory that is transferred to investment property, all gains and losses are recorded on the income statement?

Thanks for your help in advance.