Welcome to Scully Sells!

Your Saved Listings Will Appear Here!

Our registered users can save their listings, have homes emailed to them, including new listings that fit their criteria, foreclosure, short-sale homes and much more!

Set Up a Property Alert

You can have homes emailed to you starting immediately! You can cancel any time with a click of a link included at the bottom of the list of homes. Get Started >>

Member Login

Lost your password?

Not a member yet? Sign Up!

River Cities Realty




Property Trust(s)

An REIT is a company dedicated to owning and, in most cases, operating income-producing real estate, such as apartments, shopping centers, offices and warehouses. Some REITs also are engaged in financing real estate. Most importantly, to be a REIT a company is legally required to pay virtually all of its taxable income (90 percent) to its shareholders every year.

An REIT may deduct the dividends paid to the shareholders from its corporate tax bill so long as

  • the company's assets are primarily composed of real estate held for the long term,
  • the company's income is mainly derived from real estate, and
  • the company pays out at least 90 percent of its taxable income to shareholders.

The main benefit of being a REIT: one level of taxation.

The main limitation of being a REIT: a restriction on earnings retained by the company.

For a REIT to grow, capital must come from money raised in the investment marketplace as well as money generated internally. REITs, like other stocks, are carefully monitored by others, including the SEC, each REIT's independent directors, independent auditors, and the business and financial media.

* Indicates a Required Field.

First Name *
Last Name *
Email *

        Please provide a valid email address.

Copy letters
in picture into Box

Message *

Home | Free Reports | Financing | About | Local Info | Search | Partners | Login | Contact | Tools | List With Us | Relocation
Equal Housing Opportunity - Columbus Real Estate ©2010 All Rights Reserved - Privacy Statement
© Copyright 2015 - Real Estate Web Design - Featured Communities - Privacy Statement - Site Map - Blog