Yes I hear ya there allan, I was in VTP* when there was a lot of speculation of their R.E.I.T. as they wanted to buy a Maryland apartment complex, and this was discussed in length, VERY GOOD OPPORTUNITY FOR SHAREHOLDERS.
Also this from your website link.
commonly referred to as REITs, are special types of corporations that are federally obligated to invest only in real estate. As long as REITs pay out at least 90% of their earnings in the form of dividends, the companies are not required to pay income taxes. Generally, REITs can be divided into two categories: equity (which own physical properties) and mortgage (which invest in mortgages).
VERY NICE FIND, Thanks :)
ASK AND WE SHALL FIND... THIS IS GOING TO 'B' SO F-EN HUGE...LoL... Go GCEI
This is VERY interesting ky. Thanks much for sharing it with the board. Gives a pretty good snapshot as to what they can do and how they're structured.
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