this means the dividend the investor receives is 100 percent profit. The investor still retains tax obligations to declare the receipt of the dividend and must file IRS Form 2439 at the conclusion of the tax year.
What Is a Paper Clip REIT? A "paper clip REIT" increases the tax advantages afforded to a REIT while allowing it to operate properties that such trusts normally cannot run. It involves two entities "clipped" together via an agreement where one entity owns the properties and the other manages...