Property Ownership
In New Mexico, a real estate investment trust (REIT) allows investors to:
AOwn real property directly in their personal name
BInvest in real estate through publicly traded or non-traded shares, receiving income distributions✓ Correct
CPurchase properties at below-market prices
DAvoid all real estate taxes
Explanation
REITs allow individual investors to participate in large-scale real estate investments by purchasing shares. REITs must distribute at least 90% of taxable income to shareholders as dividends.
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