We are always glad to research specific tickers for you before you purchase them. Just email them to support@bivio.com
However, a REIT is a REIT and the inherent complications that come with them are due to the nature of the beast.
There may be ETF's, as John mentioned, that would provide you what you are looking for without some of the accounting hassles. But I personally think it is misleading when it is made to appear that an investment pays a 14% "Dividend". There may be a 14% distribution, but, if you look further you will find, for example that for REM,
On Thu, Oct 10, 2013 at 4:01 PM, Leo Cardillo wrote:
Laurie:
Our Club has an interest in REIT's, and I know that you have commented before on some tax implications. Are there some REIT's that Bivio tax software can handle? As Treasurer, I do not want the Club to invest in any vehicle which is not compatible with the Bivio tax software. I know, we could hire a CPA, whatever, but that would have to be the job of another Treasurer! Life is too short and I am too not-so-young!
Best regards,
Leo
Leo Cardillo on
Thanks, Laurie!
Other than the current concern over the interest rates and the negative impact on many REIT equities, would a REIT equity in a 401(k) be less of a concern from a tax perspective, since distributions from a 401(k) are treated as ordinary income, anyway?
For the moment, this Treasurer is trying to stay away from REIT equities in our investment club because of my concerns over the impact on out tax preparation and return.
Again, thanks for the great support!
On Fri, Oct 11, 2013 at 10:01 AM, Laurie Frederiksen <laurie@bivio.biz> wrote:
Dear Leo,
We are always glad to research specific tickers for you before you purchase them. Just email them to support@bivio.com
However, a REIT is a REIT and the inherent complications that come with them are due to the nature of the beast.
There may be ETF's, as John mentioned, that would provide you what you are looking for without some of the accounting hassles. But I personally think it is misleading when it is made to appear that an investment pays a 14% "Dividend". There may be a 14% distribution, but, if you look further you will find, for example that for REM,
On Thu, Oct 10, 2013 at 4:01 PM, Leo Cardillo wrote:
Laurie:
Our Club has an interest in REIT's, and I know that you have commented before on some tax implications. Are there some REIT's that Bivio tax software can handle? As Treasurer, I do not want the Club to invest in any vehicle which is not compatible with the Bivio tax software. I know, we could hire a CPA, whatever, but that would have to be the job of another Treasurer! Life is too short and I am too not-so-young!
Best regards,
Leo
Laurie Frederiksen on
Hi Leo,
I guess it would depend on whether your personal situation would make it more advantageous to pay taxes on ordinary income now or later.
But tax reasons aren't the only driving factor. If the overall return isn't very good, it's not going to help you much, even in a 401K
Laurie Frederiksen Invest with your friends! www.bivio.com
Other than the current concern over the interest rates and the negative impact on many REIT equities, would a REIT equity in a 401(k) be less of a concern from a tax perspective, since distributions from a 401(k) are treated as ordinary income, anyway?
Jeanne Tieken on
My experience with REITS is that they are very late in getting their tax data out - it's been nearly April 1st. My club likes to file very early in March.
On Fri, Oct 11, 2013 at 12:40 PM, Laurie Frederiksen <laurie@bivio.biz> wrote:
Hi Leo,
I guess it would depend on whether your personal situation would make it more advantageous to pay taxes on ordinary income now or later.
But tax reasons aren't the only driving factor. If the overall return isn't very good, it's not going to help you much, even in a 401K
Laurie Frederiksen Invest with your friends! www.bivio.com
Other than the current concern over the interest rates and the negative impact on many REIT equities, would a REIT equity in a 401(k) be less of a concern from a tax perspective, since distributions from a 401(k) are treated as ordinary income, anyway?