Question: Select all that apply REITs: Multiple select question. REITs must use a 40-year asset life for depreciation when determining taxable income the majority of REIT

Select all that apply REITs: Multiple select question. REITs must use a 40-year asset life for depreciation when determining taxable income the majority of REIT dividends are taxed as ordinary income REITs generally must pay corporate income taxes may use an accelerated method of depreciation when determining taxable income

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