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Penn National Gaming Inc. Message Board

  • invest4now invest4now Nov 17, 2012 1:01 PM Flag

    What is a REIT????

    A real estate investment trust or REIT ( /ˈriːt/) is a tax designation for a corporate entity investing in real estate. The purpose of this designation is to reduce or eliminate corporate tax. In return, REITs are required to distribute at least 90% of their taxable income into the hands of investors

    Sentiment: Strong Buy

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