Property Ownership
What is a real estate investment trust (REIT)?
AA private real estate partnership
BA company that owns income-producing real estate and allows investors to buy shares✓ Correct
CA government-sponsored real estate fund
DAn individual retirement account investing in real estate
Explanation
A REIT is a company that owns, operates, or finances income-producing real estate and must distribute at least 90% of taxable income as dividends. REITs allow individuals to invest in large-scale real estate portfolios.
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