2006-12-16 06:54:24 · 3 answers · asked by Rachel T. 2 in Business & Finance ➔ Investing
"A Real Estate Investment Trust or REIT (rēt, rhymes with treat) is a tax designation for a corporation investing in real estate that reduces or eliminates corporate income taxes. The REIT structure was designed to provide a similar structure for investment in real estate as mutual funds provide for investment in stocks."
2006-12-16 07:05:55 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Mutual funds that invest in companys that own Real Estate. I have the Fidelity fund REIT and made over 30% last year.
Never put everything in one investment. Spread it around.
Also go to Yahoo Finance and type in VNQ.
2006-12-16 15:01:03 · answer #2 · answered by zocko 5 · 0⤊ 0⤋
Real Estate Investment Trusts - a way to invest in real estate without actually owning the buildings. Its a way to provide financing for new buildings, and a way to get a share of the revenue generated by the rents from a building you could not afford to buy otherwise.
2006-12-16 14:58:25 · answer #3 · answered by Paul H 6 · 0⤊ 0⤋