Which one of the following is not required of a REIT by federal law?
A) Distribute at least 90 percent of the taxable annual earnings to shareholders
B) Hire independent real estate professionals to perform certain management activities
C) Have at least 100 shareholders with no more than half of all shares owned by 5 or fewer people
D) Make direct investments only in apartment houses, shopping malls, and other commercial property
E) Invest at least 75 percent of the total assets in real estate
Correct Answer:
Verified
Q43: High interest rates depress gold prices,because they
Q44: The percent return on a real estate
Q45: On small gold bars,gold dealers and banks
Q49: Most gold brokers require a minimum order
Q54: Diversification in direct real estate investment is
Q66: Aside from a home,the real property investment
Q66: Prices of collectibles aren't necessarily cheaper on
Q70: When you purchase precious stones,it is difficult
Q75: Collectibles include rare coins,works of art,antiques,stamps,rare books,paintings,and
Q76: An example of a direct real estate
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents