Despite a history that has had one ...

Despite a history that has had one long dry spells, the REIT industry is anticipating a rising tide of investment during the 1990

A traditional attraction of REITs (real estate investment trusts) has been their tax efficiency. Because most numerous net earnings are passed directly to shareholders, REITs avoid federal taxes in succession the corporate level for distributed income and gains. The 1986 tax law further on a leveled the playing field for the REIT industry at curtailing tax-shelter real estate investments. In addition, REITs generally avoid the onerous passive-loss provisions.

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