There are a set of restrictive conditions that REITs must satisfy on an ongoing basis in order to maintain their special tax status. All of the following statements regarding the main restrictions are true EXCEPT:
A) At least 100 investors must own a REIT's shares
B) No five investors can own more than 50 percent of a REIT's shares
C) At least 75 percent of the value of a REIT's assets must consist of real estate assets
D) A REIT must distribute at least 75% of its taxable income to shareholders in the form of dividends.
Correct Answer:
Verified
Q2: Up until the market for these instruments
Q3: Of the $3.97 trillion in outstanding mortgage
Q4: When fund managers collect contributions from multiple
Q5: In recent years, a number of pooled
Q6: There are two major types of REITs:
Q7: Though difficult to accurately measure, the market
Q8: In recent years, which of the following
Q9: The choice of ownership form for pooled
Q10: In most small to medium private real
Q11: In most pooled ownership forms a single
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