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Impac Mortgage Holdings Inc. Message Board

  • cloggervic cloggervic Oct 5, 2012 12:04 PM Flag

    Return to a REIT

    "IMH elected not to be taxed as a REIT in 2009. With this election, we will not be allowed to elect to be taxed as a REIT until 2014."

    It is smart to elect non-REIT filing as long as you have carryforward losses to use up. This allows profits to be retained tax free for growth.

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