REITs are obligated to pay out of most their taxable income. it is also stated in the textbook that states reits are mostly exempt from tax. is there no taxable income because most of it is distributed? but that the remaining are taxable?
REITs are obligated to pay out of most their taxable income. it is also stated in the textbook that states reits are mostly exempt from tax. is there no taxable income because most of it is distributed? but that the remaining are taxable?