Self liquidating reit

30 Day SEC Yield (Standardized Yield) An annualized yield that is calculated by dividing the investment income earned by the fund less expenses over the most recent 30-day period by the current maximum offering price.

Many REITs are registered with the SEC and are publicly traded on a stock exchange. Others may be registered with the SEC but are not publicly traded.A REIT is a company that owns and typically operates income-producing real estate or related assets.These may include office buildings, shopping malls, apartments, hotels, resorts, self-storage facilities, warehouses, and mortgages or loans.In some cases, this mechanism could be used by a REIT to pay a tax-free debt financed distribution to a foreign investor prior to the ultimate liquidation of the REIT.REITs are required to distribute the bulk of their ordinary income annually and are permitted to claim a deduction for ordinary dividends and capital gain dividends paid to their shareholders.Performance quoted represents past performance, which is no guarantee of future results.Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold.These rules operate differently in the year(s) that the REIT is liquidated and wound up.A REIT that is undergoing liquidation may still have some operating income and, moreover, may recognize gain under Code section 336 on assets that it distributes to its shareholders in the liquidation.Some listed infrastructure stocks in Singapore includes: What are the pros and cons of investing in dividend stocks? Do follow my Dividend Stock Tracker which is updated nightly here.The IRS has issued a private letter ruling (PLR 201103001) that may provide greater flexibility to real estate investment trusts (REITs) using the consent dividend mechanism to avoid US tax on liquidations.