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Smith, a Country X citizen and resident, owns a 1 % interest in DomesticCo, a US corporation that owns various investments. Discuss whether the following

Smith, a Country X citizen and resident, owns a 1% interest in DomesticCo, a US corporation that owns various investments. Discuss whether the following investment is a US real property interest i nthe hands of DomesticCo: A 1% interest in REIT Ltd, a real estate investment trust traded on a US stock exchange. Provide the related Rules, Analysis and Conclusion.

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