Claim Your Share of Real Estate Investment Trust (REIT) Profits From Around the World
NOTE: the Table of Contents is fully linked.
Ever since so many private real estate companies converted themselves into Real Estate Investment Trusts and held IPOs in the mid-1990s, and with the publication of the first edition of Investing in REITs: Real Estate Investment Trusts by Ralph L. Block, U.S. investors have been discovering the high dividend yields possible through investing in commercial real estate through publicly owned companies.
REITs do not have to pay taxes on the income they distribute to unit holders - and the government requires them to distribute at least 90%!
This means they pay out a lot more money than ordinary corporations (who have to pay corporate taxes).
REITs are cash cows.
What's not so well known is that countries all over the world have been following the lead of the United States and creating their own versions of Real Estate Investment Trusts.
Nearly 40 countries from Australia to Turkey have laws enabling some form of REITs, using the US as a model but ringing their own changes.