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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
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:
Group of answer choices:
A at least investors must own a REIT's shares.
B no five investors can own more than percent of a REIT's shares.
C a REIT must distribute at least of its taxable income to shareholders in the form of dividends.
D at least percent of the value of a REIT's assets must consist of real estate assets.
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