Question 45 (2 points) Listen Real estate investment trusts: 1) use the corporate form of ownership, 2) invest primarily in real estate and corporate bonds. 3) are less liquid than limited partnerships. 4) are considered active investments under the Internal Revenue Code. Question 46 (2 points) Listen REIT: 7 7 1) cash distributions are subjected to double taxation: first as REIT taxable earnings, then as taxable dividend income to the shareholders. 2) shares are often traded on stock exchanges 3) share values are generally difficult to ascertain shares provide a steady source of investor income, because REITs must distribute 50 percent of their income to retain their status under the Internal Revenue Code 20 Question 47 (2 points) Listen Rwand 080- Question 45 (2 points) Listen Real estate investment trusts: 1) use the corporate form of ownership, 2) invest primarily in real estate and corporate bonds. 3) are less liquid than limited partnerships. 4) are considered active investments under the Internal Revenue Code. Question 46 (2 points) Listen REIT: 7 7 1) cash distributions are subjected to double taxation: first as REIT taxable earnings, then as taxable dividend income to the shareholders. 2) shares are often traded on stock exchanges 3) share values are generally difficult to ascertain shares provide a steady source of investor income, because REITs must distribute 50 percent of their income to retain their status under the Internal Revenue Code 20 Question 47 (2 points) Listen Rwand 080