Working Backwards: What’s a Real Estate Investment Trust?
A real estate investment trust (REIT) is a tax designation for a corporation investing in real estate that reduces or eliminates taxes with a catch–REITs must distribute almost all of their income to their investors. These REITs often issue stocks, so it’s possible to buy into REITs–including indices of REITs–as an individual investor. A few years ago, when real estate was red hot, so were were REITs. These days, like real estate, REITs are taking a beating; for instance, the Vanguard REIT I
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Working Backwards: What’s a Real Estate Investment Trust?
Tue, Jun 23, 2009
Real Estate Market