2.11 Flashcards
(5 cards)
0
Q
True or False:
A REIT is not taxed on the income that it pays as dividends.
A
True
1
Q
A REIT must distribute at least _____ percent of its taxable income to shareholders as annual dividends.
A
90
2
Q
There are two steps to financing new constructionn: applying for the construction loan, and then applying for a _______.
A
permanent mortgage loan
3
Q
Most REITs pay all their taxable income to __________.
A
shareholders
4
Q
Investment property lenders will not be as interested in the personal income of the borrower, as they are in the _________ of the property.
A
income potential
