REITs are required by the IRS to pay out annual dividends of 90% of their taxable income.

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REITs are required by the IRS to pay out annual dividends of 90% of their taxable income. If a REIT’s taxable income is $1.5 million, what will be the total payout of its annual dividends?

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Personal Finance Building Your Future

ISBN: 978-0073530659

1st edition

Authors: Robert B. Walker, Kristy P. Walker

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