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Happy New Year Edyboom!

There actually is no magic REIT status moment, except for March 15th when corporations need to file their taxes. ROIC will simply file a Form 1120-REIT and continue to operate accordingly.

Now, if they were to some how not meet the necessary requirements, the IRS would tax / fine them on the disqualifying income. Give the experience and history of the management team, I'm not anticipating that this will be a problem.

If ROIC were to some how fumble the ball, I would definitely stop saying such glowing things about Stuart Tanz, and advise him to stop hanging out with Suzanne Somers :


Andy L-C (TMFAloha)

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