How is the investment taxed?
Dividends are generated monthly and automatically reinvested, this is taxed as ordinary income. Investors will receive a 1099-DIV to file with their taxes every year. The 1099 will reflect all the appropriate deductions from depreciation. When we liquidate the REIT at the end of the investment term, investors will receive the same 1099, however, it will be treated as capital gains.
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Due to covid concerns, multi unit property owners are having rent problems with payments made by renters.
Due to covid concerns, multi unit property owners are having rent problems with payments made by renters.
How is Covid issue being addressed?
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