Can You Turn Your Property Into A REIT?
How do Private REIT (Real estate investment trusts) work. How do they make money and does it make sense to form a REIT around one or two properties that I own.
How do Private REIT (Real estate investment trusts) work. How do they make money and does it make sense to form a REIT around one or two properties that I own.
This has been discussed here before and you might want to search around.
The short answer is no. But do you need it? I think the big attraction to REITs is the preferential tax treatment and a "large" # of investors.
You might check out http://nreionline.com/mag/real_estate_public_vs_private_2/
and some google search.