REITs -Real Estate Investment Trusts http://JoanWilson.PrudentialCal.com Hello this is Joan Wilson with Prudential California Realty. Let's talk about REITs today, real estate investment trusts.
A real estate investment trust is a tax designation for a corporate entity investing in real estate. It is a real estate mutual fund that reduces or eliminates corporate income taxes. REITs are required to distribute 90% of their income into the hands of the investors. They offer the general public an opportunity to invest in commercial real estate property without spending a lot of time in the process were a lot of money.
A REIT is a public partnership with a managing partner and a great number of investors. The income and tax consequences involved in owning shares in a REIT are the same as those in a partnership. The profits, losses, and tax shelter flow through the REIT to the owners. This makes the investment in REIT shares an attractive alternative to common stock ownership in a company without the real estate benefits.
REITs invest in shopping malls, office buildings, apartments, warehouses and hotels. Some REITs will invest in one area of real estate specifically - shopping malls, for example - or in one specific region, state or country.
Individuals can invest in REITs either by purchasing their shares directly on an open exchange or by investing in a mutual fund that specializes in public real estate.
If you know someone interested in buying or selling, please give them my name and phone number. I will be happy to help them.
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It is my Goal to Increase the Success and Profitability of Those I Serve
Thank you again,
Let me know if I can help you in any way!
Joan Wilson (Realtor, SRES, Ecobroker, Certified REO, HAFA, and Short Sale Specialist)
Prudential California Realty
Direct Phone: 760-757-3468
800-975-7481 x 111
JoanWilson@prusd.com
License # 01341483
Blog: http://JoanWilsonRealtor.com
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http://JoanWilson.PrudentialCal.com
@3262Ryan I'm originally from Texas...what can you do!
wilsonrealtor 7 months ago