An IRS code criteria for a REIT to qualify as a tax-free entity
is:
Question 9 options:
1)
it can not issue transferable shares
2)
it may be a financial institution or insurance company
3)
it must derive at least 75% of its gross income from real
estate related investments
4)
it may not hold all of its assets in the form of mortgages
Question 10 (2 points)
Land loans are considered to be:
Question 10 options:
1)
risky
2)...