20-35.The following is one of several criteria a REIT must meet so as to be a tax-free entity:
A) derive at least seventy-five percent of income from real estate related investments
B) retain at least one-half of all income
C) can not at any time sell off real estate assets
D) none of the above
Correct Answer:
Verified
Q17: The following ownership structures can be used
Q18: 20-12.REITs that invest in both equity properties
Q19: 20-20.The form of property ownership that suffers
Q20: 20-13.A form of ownership structure for real
Q21: 20-36.REITs essentially operate as:
A) mutual funds
B) 401(k)plans
C)
Q23: 20-34.Transfer of interest in a Master Limited
Q24: 20-32.Under the Uniform Limited Partnership Act:
A) partnerships
Q25: 20-24.A condition for a REIT to be
Q26: 20-21.With an S-corporation the number of shareholders
Q27: 20-28.A benefit of the S-Corporation for holding
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