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Shareholders in a real estate investment trust (REIT) generally A. receive most of the trust's income each year. B. take an active part in management
Shareholders in a real estate investment trust (REIT) generally A. receive most of the trust's income each year. B. take an active part in management . C. do not pay Internal Revenue Service (IRS) taxes on their income from the REIT because the REIT pays taxes as a corporation. D. realize their main profit through sales of the property
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson, Lawrence Tomassini
5th Edition
0077282078, 9780077282073
