Business / Real Estate / Real Estate Investment Trust (REIT): A method of pooling investment money using the trust form of ownership. In the 1960s Congress provided favored tax treatment for certain business trusts by exempting from corporate tax certain qualified REITs that invest at least 75 percent of their assets in real estate and that distribute 95 percent or more of their annual real estate ordinary income to their investors. As an alternative to the partnership or corporate methods of investing in real estate, the REIT offers some of the flow-through tax advantages of a partnership or syndication while retaining many of the attributes and advantages of a corporate operation.
Estate Noun Synonyms: property, holdings, domain, demesne, land, landed estate, manor, mansion
Real Adjective Synonyms: genuine, true, actual, authentic, verified, verifiable, legitimate, right, bona fide, official, legal, legitimate, licit, natural, valid, veritable
Trust Noun Synonyms: confidence, reliance, faith, conviction, certitude, certainty, sureness, positiveness, assurance, belief
Business / Taxes / Real Property Tax: A real property tax is a local tax on the value of real estate. The property may be assessed at full value, which is presumably the price that the owner could sell it for in the current market, or usi MORE
Business / Real Estate / Real Property Security: A guaranteed loan or a loan where the broker will assume payments. MORE