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Industry Discussions / Real Estate Inv. Trusts: REITs

URL:  https://boards.fool.com/it-is-a-private-reit-that-doesn39t-pay-34587981.aspx

Subject:  Re: Diversity Fund Date:  8/11/2020  2:44 AM
Author:  aj485 Number:  86281 of 86413

It is a private Reit that doesn't pay dividends until the properties sell.

When you read through the documents as Valuemongeragain suggests, make sure you pay particular attention to any/all restrictions on how you can get your money back out. Many 'private' or 'non-publicly traded' REITs have restrictions on how you can sell the shares, and how long it takes to get your entire investment out. Especially if you hold in a tax-advantaged account, you/your spouse or your non-spouse heirs will need to sell at some point due to RMDs (you/your spouse) or the requirement to disburse the entire account in 10 years (your non-spouse heirs).

AJ
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